RBI Cuts Interest Rates By 25 bps, First Reduction In 5 Years; Know Key MPC Highlights Today
This is the first interest rate cut by the RBI since Covid times (May 2020); here are the highlights of RBI Monetary Policy ...
Forbes India19h
The economy needs more than a rate cut
The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
allAfrica.com on MSN19h
Zimbabwe's Central Bank Orders Exporters to Surrender 30% Foreign Currency
THE Reserve Bank of Zimbabwe (RBZ) has compelled all exporters to surrender 30% of their earned foreign currency in exchange for the ZWG at the obtaining interbank exchange rate.Presenting the ...
Hosted on MSN18h
Zimbabwe's Gold, Foreign Reserves Up 87% - Hit U.S.$550 Million
THE Reserve Bank of Zimbabwe's (RBZ) foreign currency reserves surged by 87% to reach US$550 million.At inception in April 2024, the Reserve Bank of Zimbabwe (RBZ) claimed that minerals and foreign ...
RBI cuts repo rate: which sectors and stocks could benefit?
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
Zimbabwe Situation21h
RBZ raises savings rates, cuts POS charges
Breaking news. Dr John Mushayavanhu Business Reporter THE Reserve Bank of Zimbabwe has directed banks to increase interest on ...
Zimbabwe Situation21h
RBZ goes after informal traders forex, exporters’ proceeds
Source: RBZ goes after informal traders forex, exporters’ proceeds –Newsday Zimbabwe This comes amid a decline in foreign ...