NEW DELHI, India — The Reserve Bank of India’s intervention in the foreign exchange market can help contain sharp swings in the rupee, but sustained currency stability ultimately depends on deeper economic factors such as the trade balance, export competitiveness, energy dependence and the nature of foreign capital flows.
टैग: Monetary Policy
Bank of England Holds Interest Rate at 3.75% as Policymakers Warn of Inflation Risks
The Bank of England has kept its benchmark interest rate unchanged at 3.75%, matching economists’ expectations, but a split vote and warnings from policymakers highlighted concerns that inflation could face renewed upward pressure.