The domestic currency breached the 87 level against the US dollar as it depreciated 55 paise to settle at a fresh all-time low of 87.17 (provisional) against the greenback. The domestic currency breached the 87 level against the US dollar as it depreciated 55 paise to settle at a fresh all-time low of 87.17 (provisional) […]

Since the last fiscal quarter, the United States has officially started to cut interest rates. This is not surprising, but the extent of the rate cut exceeded many expectations. Even so, the Federal Reserve, the central banking system of the US (colloquially referred to as “the Fed”) envisions four more rate cuts in 2025 and […]