Read Time: 2 minutesThe 12-month decline in India’s forex reserves has been quite sharp and largest on record, of-course after largest on record accretion of reserves just preceding this period! In absolute terms : And in percentage terms: However, reserve buffer is still OK in absolute terms…thanks to the wise policy of building reserves earlier.…

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Read Time: 2 minutes1. Repo Rate Hike and Policy Stance Adjustment:In line with expectations, the RBI raised the repo rate by 50 basis points to 5.90%, maintaining a stance of “withdrawal of accommodation.” This signals a tightening of monetary policy to manage economic conditions effectively. 2. GDP Growth and Inflation Projections:The central bank adjusted its…

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