ADVERTISEMENT

The rupee is climbing after India's central bank unexpectedly holds rates

The Indian rupee is up on Wednesday after the Reserve Bank of India unexpectedly held rates.

indian rupee

The currency is higher by 0.4% at 67.110 per dollar as of 8:24 a.m. ET.

ADVERTISEMENT

India's central bank held its benchmark interest rate at 6.25%, signaling the end of a loosening cycle.

  • US dollar index
  • he Department of Energy's inventories will be released at 10:30 a.m. ET.
  • euro
  • report
  • the debt-ridden country will struggle when it has to refinance its loans at market rates in 2030.
  • Russian ruble
  • Mexican peso

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

10 most dangerous African countries in 2024

10 most dangerous African countries in 2024

Russia’s nuclear influence expands further north of Africa

Russia’s nuclear influence expands further north of Africa

Navigating the future: How AI transforms selling on Amazon

Navigating the future: How AI transforms selling on Amazon

Wall decor tips: Transforming your space with style and creativity

Wall decor tips: Transforming your space with style and creativity

Putin's African diplomacy: Security talks with West, Central Africa take centre stage

Putin's African diplomacy: Security talks with West, Central Africa take centre stage

Infinix users get over 35% exclusive discount on Showmax premier league & general entertainment subscription

Infinix users get over 35% exclusive discount on Showmax premier league & general entertainment subscription

10 longest bridges in Africa

10 longest bridges in Africa

ADVERTISEMENT