Indian Rupee Falls vs. US Dollar After RBI Cuts Interest Rates

Apr 04,2019 06:20   Source:Earnforex
The Indian rupee fell against the US dollar today after India’s central bank decided to cut interest rates at today’s monetary policy meeting. The Reserve Bank of India decided to cut its main interest rate by 25 basis points to 6% today. Other interest rates were reduced as well. It was the second cut this year after another 25 points cut in February. Such decision was widely […]

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