RBI sets rupee reference rate at Rs 66.2603 against dollar
RBI sets rupee reference rate at Rs 66.2603 against dollar
4 months ago
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RBI fixes rupee reference rate for US Dollar, Euro
RBI fixes rupee reference rate for US Dollar, Euro
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INDIA RUPEE-Rupee dips on dollar demand at RBI reference rate, Asian weakness
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Rupee dips on dollar demand at RBI reference rate, Asian weakness
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The Reserve Bank of India (RBI) kept its key repo rate unchanged at 5.50% on Wednesday, in line with market expectations, as it evaluates the impact of earlier rate cuts and recent tax reductions amid global trade uncertainties. The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August. The six-member rate-setting panel voted unanimously to keep the key repo rate at 5.50% and decided to continue with a "neutral"
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