Latest News Updates
Latest News Updates
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]
US shares stabilized on Wednesday, because a new inflation report suggested that the major rates of President Donald Trump have not significantly increased the prizes – at least for the time being. The S&P 500 inch with less than 0.1% in early trade, while the industrial average of Dow Jones dropped 23 points and the […]
