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Rupee plunges to new low on rate cut hopes
Financial Express Hyderabad
|February 06, 2025
EVEN THE NEAR-term premiums have fallen 22 bps for 1 month and 10 bps for 1 year. The latter improved with easing of liquidity conditions.
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"It is highly possible that the RBI may announce another $5 billion buy/sell swap. The market has discounted a rate cut, and therefore, it has reacted accordingly," said a forex trader with a state-owned bank.
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Financial Express Hyderabad
IndusInd treasury head may step down
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2 mins
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Financial Express Hyderabad
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Financial Express Hyderabad
EV competition dents MG's February volumes
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1 min
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Financial Express Hyderabad
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1 min
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Financial Express Hyderabad
Vi AGR dues to be slashed by 31%
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1 min
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Financial Express Hyderabad
India, Finland sign mobility agreement
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1 min
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Financial Express Hyderabad
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1 min
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Financial Express Hyderabad
CV Ananda Bose resigns as Bengal Governor
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1 min
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