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RBI Governor Shaktikanta Das Monetary Policy Committee (MPC) Keeps Repo Rate Unchanged At 4% For Eighth Time To Revive Growth - Vimarsana News

RBI Governor Shaktikanta Das Monetary Policy Committee (MPC) Keeps Repo Rate Unchanged At 4% For Eighth Time To Revive Growth

The Reserve Bank kept the key benchmark rates unchanged for the eighth consecutive time and promised to maintain the status-quo on rates "as long as necessary to revive growth." The repo rate is unchanged at 4 per cent and the reverse repo rate is steady at 3.35 per cent, the RBI Governor Shaktikanta Das said at the end of the bi-monthly Monetary Policy Committee (MPC) review meeting that started on Wednesday.

Source: ndtv.com
RBI Monetary Policy Tomorrow i.e. on October 8: Will The Reserve Bank Of India Maintain Status-Quo Yet Again? - Vimarsana News

RBI Monetary Policy Tomorrow i.e. on October 8: Will The Reserve Bank Of India Maintain Status-Quo Yet Again?

Market participants will keep an eye on Reserve Bank's guidance on liquidity withdrawal and announcements regarding additional bond purchases

Source: ndtv.com
GBP/USD: Brexit woes recall bears around 1.3600, PMIs, Conservatives summit eyed - Vimarsana News

GBP/USD: Brexit woes recall bears around 1.3600, PMIs, Conservatives summit eyed

GBP/USD remains on the back foot around 1.3590, down 0.13% intraday heading into Tuesday’s London open. In doing so, the cable pair registers the firs

Services PMI eases to 55.2 in September, firms hire more employees - Vimarsana News

Services PMI eases to 55.2 in September, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction

METALS-Copper eases on firm dollar in subdued trade on China holiday - Vimarsana News

METALS-Copper eases on firm dollar in subdued trade on China holiday

Copper prices fell on Tuesday in London on a firmer dollar, but trade was tepid as markets in top consumer China were closed for a public holiday and ahead of key U.S. jobs data this weekend.