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Indian Rupee Strengthens as RBI Keeps Rates Unchanged

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Finance & Economics

06 Dec 2024 10:48 AM 1.06k views

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Finance & Economics

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Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

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Potomac River Tunnel project begins to slash pollution and flooding in Washington, DC

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"Noel Tata Appointed Chairman of Tata Trusts Following Ratan Tata's Passing"

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Sam Liccardo questions NOAA over whale deaths and federal cuts in Bay Area

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#fcnr-deposits

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

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Potomac River Tunnel project begins to slash pollution and flooding in Washington, DC

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"Noel Tata Appointed Chairman of Tata Trusts Following Ratan Tata's Passing"

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Indians offered UAE golden visa for ₹23 lakh through nomination process

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