Fixed Income And Currency Market

25 May 2020

Global Fx Market to Remain Volatile as U.S.-China Takes Centre-Stage

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INR ended the week lower last week as RBI Governor Shaktikanta Das, in an out-of-schedule monetary policy address announced that the Monetary Policy Committee decided to lower the repo rate by 40 basis points to an all-time low of 4.00% to combat economic risks linked to the COVID-19 pandemic.

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Ketan Verma
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