Thu, Dec 19, 2024
The US Federal Reserve cut interest rates by 25-bps to 4.5 per cent, in line with estimates. However, it signalled only two rate cuts in 2025 from its previous expectations of four rate cuts.
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Mon, Jun 13, 2022
Dollar Vs Rupee: The Indian rupee fell to a new record low beyond 78 against the US dollar today after red-hot US inflation data raised the prospects of aggressive Fed tightening later this week. The dollar was stronger on haven demand amid rising costs and slower growth. The Indian rupee touched a lifetime low of 78.28 to the dollar.
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