The change of guard at the Reserve Bank of India raised expectations of a shift in the central bank's monetary policy.
The government on Monday (December 9, 2024) appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. Forex traders said markets now expect a rate cut in the upcoming monetary policy in February. Meanwhile, a weak tone in the domestic markets and a surge in the U.S. dollar index further pressured the rupee.
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Esta historia es de la edición December 11, 2024 de The Daily Guardian.
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