by Dhara Hariya | Oct 9, 2023 | Forex
The Reserve Bank of India (RBI) maintains its focus on liquidity conditions in monetary policy, with the aim of keeping overnight rates near the marginal standing facility (MSF) rate at 6.75 percent, rather than the repo rate at 6.50 percent. This approach has been...
by Dhara Hariya | Sep 25, 2023 | Forex
The Indian rupee faced a drop in value on Monday, erasing some of the gains made after JPMorgan included Indian bonds in its index. This decline was attributed to several factors, including increased dollar demand from importers and the ongoing pressure of high U.S....
by Dhara Hariya | Sep 20, 2023 | Forex
This week marks a significant juncture for the world’s most influential central banks, with four of them poised to announce monetary policy decisions. Here’s a quick overview of what to expect: Federal Reserve: The Fed is first in line, with an...
by Dhara Hariya | Sep 20, 2023 | Forex
The U.S. Federal Reserve is poised to maintain its current interest rate range of 5.25% to 5.50%, according to analysts at DZ Bank Research. However, they suggest that despite this anticipated decision, the central bank is likely to signal a forthcoming rate increase....
by Dhara Hariya | Sep 18, 2023 | Forex
The Bank of Japan’s (BoJ) repeated interventions to bolster the yen have proven ineffective, prompting a need for more substantial policy changes. This could entail lifting interest rates from negative territory, abandoning yield curve control, and discontinuing...