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RBI enhances scope of non-resident rupee accounts
https://bestequitytipsblog.blogspot.com/2019/11/rbi-enhances-scope-of-non-resident.html
To popularise cross-border transactions in Indian rupee, the Reserve Bank has enhanced the scope of 'Special Non-resident Rupee' (SNRR) by......
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Rupee, bond prices fall after RBI cuts repo rate
#Rupee and bond prices fell after the monetary policy committee of the #ReserveBankofIndia cut repo rates by 25 basis points to 5.15 percent on October 4. The rupee was trading flat at 70.88 per #dollar, while 10-year government bond yield was at...
Rupee, bond prices fall after RBI cuts repo rate
#Rupee and bond prices fell after the monetary policy committee of the #ReserveBankofIndia cut repo rates by 25 basis points to 5.15 percent on October 4. The rupee was trading flat at 70.88 per #dollar, while 10-year government bond yield was at 6.62 percent, up 24 basis points. Bond yields and prices move in opposite directions.
A rate cut of 25 basis points was expected and the market had already factored it in, experts said.
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