India’s central bank unexpectedly slashes repo rate by 40 bps
The Reserve Bank of India on
Friday unexpectedly slashed its key policy rate for a second
time this year, in a move to counter the economic fallout from
an ongoing nationwide lockdown to contain the spread of the
novel coronavirus.
Friday unexpectedly slashed its key policy rate for a second
time this year, in a move to counter the economic fallout from
an ongoing nationwide lockdown to contain the spread of the
novel coronavirus.
Posted by Reuters
