The RBI on Wednesday kept the key policy repo rate unchanged at 6.5 per cent for a tenth consecutive meeting.

The AUD/NZD cross rebounds from a one-week low touched during the Asian session on Wednesday and the buying interest picks up pace after the Reserve Bank of New Zealand (RBNZ) announced its policy decision.

Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting on Wednesday decided to keep the interest rate unchanged at 6.5%. The six-member MPC began its three-day bi-monthly meeting on October 7. Today’s meeting started with RBI Governor Shaktikanta Das announcing the MPC policy decisions.   The MPC kept the repo rate unchanged at […]

The RBNZ slashed rates from 5.25% to 4.75% on Wednesday, marking its second straight cut to its interest rate since August.

Mumbai, Oct 9: The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to

The USD/CAD pair scales higher for the sixth successive day on Wednesday and climbs to the 1.3670-1.3675 area, or its highest level since August 19 during the first half of the European session amid renewed US Dollar (USD) buying.

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at 6.5% for the 10th consecutive time, maintaining its focus on inflation control while balancing economic growth.

RBI MPC meeting: The committee led by Governor Shaktikanta Das decided to keep interest rates unchanged and shifted its policy stance from 'withdrawal of accommodation' to 'neutral'.

The 50 basis-point cut means the OCR is now at its lowest level since March 2023.

The Indian Rupee (INR) gathers strength on Wednesday, bolstered by a decline in crude oil prices, stronger Asian currencies and likely foreign exchange intervention from the Reserve Bank of India (RBI).

The New Zealand Dollar (NZD) loses momentum to near the lowest level since mid-August on Wednesday.

The AUD/USD pair extends its decline to near 0.6740 during the Asian session on Wednesday.

EUR/USD held steady on Tuesday, failing to recapture the 1.1000 handle but arresting Fiber’s recent backslide from the 1.1200 region.

Dhiraj Relli, MD and CEO, HDFC Securities said while they do not expect the RBI to start its rate cut cycle, the possibility of a change in stance to neutral is on the table

The Reserve Bank of New Zealand (RBNZ) is set to follow the US Federal Reserve’s (Fed) footsteps when it announces its interest rate decision on Wednesday at 01:00 GMT.

The NZD/USD pair hits the monthly low near the round-level support of 0.6100 in Tuesday’s North American session.

On Friday, the Gold price came under pressure following the publication of surprisingly robust US labour market data.

The Reserve Bank of New Zealand (RBNZ) announces monetary policy overnight (0200 BST), and both markets and consensus are leaning in favour of a 50bp rate cut.

The USD/CAD pair recaptures a seven-week high near 1.3650 in Tuesday’s European session.

The European Central Bank (ECB) policymaker Martins Kazaks said on Tuesday, “data points to October interest rate cut.” Additional quotes Rates will fall and that will support the economy.

The EUR/USD pair extends its recovery to around 1.0985 on Tuesday during the early European trading hours.

The Reserve Bank of Australia (RBA) published the Minutes of its September monetary policy meeting on Tuesday, highlighting that the board members discussed scenarios for lowering and raising interest rates in the future.

(Bloomberg) — Sweden’s core inflation rate fell to the Riksbank’s 2% target for the first time since 2021 as the central bank is weighing its next easing move to spur domestic demand. 

The Indian Rupee (INR) weakens on Tuesday amid the selling pressure from foreign funds and weak tone in the domestic markets.