Rupee Inches to 71 Level Against US Dollar; Sees High Volatility Post RBI Policy Decision in Top Business News- News18.com published on August 07, 2019 leave a reply The Reserve Bank on Wednesday cut key interest rate for the fourth consecutive time, as it reduced repo rate by 35 basis points to 5.40 per cent to boost the slowing economy. from Top Business News- News18.com https://ift.tt/2GTFTQt Tweet Share Share Share Share Previous Post AP Grama Sachivalayam Recruitment 2019 for 1.20 lakh+ Vacancies, Apply @gramasachivalayam.in Next Post RBI Slashes Repo Rate for the 4th Time in a Row, GDP Growth Forecast Dips Below 7% post written by: Rohit Related PostsRupee Rises 25 Paise to 74 Against US Dollar After RBI's Liquidity MeasuresThe RBI announced another round of USD 2 billion dollar-rupee swap on March 23 and up to Rs 1 lakh crore of long-term repo operations as and when required. fro… Continue ReadingAmazon to Hire 1 Lakh Workers to Keep up with Virus-related Surge in Online OrdersThe online retailer said it will also temporarily raise pay by $2 an hour through the end of April for hourly employees and the employees in United Kingdom and … Continue ReadingWall Street Sees Worst Day in Three Decades as Coronavirus Batters EconomyThe broad-based S&P 500 dove 12.0 percent to 2,386.13, while the tech-rich Nasdaq Composite Index shed 12.3 percent to 6,904.59. from Top Business News- Ne… Continue ReadingPhilippines Becomes 1st Country to Shut All Financial Markets to 'Ensure Safety of Staff' Amid Virus PandemicThe shutdown comes after some bourses around the world closed trading floors or paused trade after withering falls in market value due to the coronavirus outbre… Continue ReadingMoody's Lowers India's GDP Growth Forecast to 5.3% in 2020 as Impact of Virus Looms Large on EconomyMoody's had in February projected a 5.4 per cent real GDP growth for India in 2020. This too was a downgrade from 6.6 per cent earlier forecast. from Top Busin… Continue Reading
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