https://www.taxtmi.com/news?id=33207 The Monetary Policy Committee reduced the policy rate by 25 basis points to improve liquidity and support demand, while the central bank maintained an exchange rate policy aimed at orderliness and market efficiency without targeting any specific currency level; the cut may ease liquidity and attract flows but could also increase currency supply and depreciation pressures, amid contemporaneous indicators such as foreign exchange reserves, dollar strength, crude oil prices, equity movements, and net foreign institutional flows. en-us Fri, 07 Feb 2025 12:31:03 +0530 Fri, 07 Feb 2025 12:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33207 The Monetary Policy Committee reduced the policy rate by 25 basis points to improve liquidity and support demand, while the central bank maintained an exchange rate policy aimed at orderliness and market efficiency without targeting any specific currency level; the cut may ease liquidity and attract flows but could also increase currency supply and depreciation pressures, amid contemporaneous indicators such as foreign exchange reserves, dollar strength, crude oil prices, equity movements, and net foreign institutional flows. News - Fri, 07 Feb 2025 12:31:03 +0530 https://www.taxtmi.com/news?id=33207