Announcing the fifth bimonthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said it has been decided to increase the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits as per tenors.
It can be noted that the move comes at a time when the rupee has been hitting lifetime lows against the dollar, and the Reserve Bank of India (RBI) seems to be deploying forex reserves to contain the volatilities, as seen in the sharp fall in the kitty over the last few weeks.
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Diese Geschichte stammt aus der December 07, 2024-Ausgabe von Millennium Post Delhi.
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Financial independence is an important goal, but people sometimes miss the opportunity because they avoid making decisions at the right time favorable to them or loading their investment portfolio with the wrong stock. Based on financial numerology, our financial planners or we should be able to create the right portfolio to fulfill our financial goals
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