WACR

10-year benchmark yields hit 30-month low of 6.82% on falling oil prices

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10-year benchmark yields hit 30-month low of 6.82% on falling oil prices

Yields on the 10 year benchmark yields softened to a 30-month low to 6.82%, tracking a softening in the US bond yields due to a fall in crude oil prices yesterday. This is the lowest level since March 31st 2022, LSEG data showed. Bond yields, which ended at 6.82% were down by three basis points, … Read more

RBI: RBI’s nimble and flexible in managing liquidity: Guv

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RBI: RBI’s nimble and flexible in managing liquidity: Guv

Mumbai: The Reserve Bank of India (RBI) will inject or absorb funds in the banking system in a nimble manner, depending on deficit or surplus conditions, top central bank officials said, adding that when interest rates are the principal tool of monetary policy, liquidity is used to achieve a certain rate. “As (RBI) governor has … Read more