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Tag: us lending rates

Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate

Posted on September 19, 2024 By admin
Rupee rises 6 paise to 83.70 against U.S. dollar after fed rate cate

Image used for representative purpose only. | Photo Credit: Reuters The rupee rose 6 paise to 83.70 against the U.S. dollar in early trade on Thursday, reflecting strong investor sentiment after the U.S. Federal Reserve decided to cut interest rate in line with market expectations. The rupee also got support from lower crude oil prices,…

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Indian shares set to open higher after bumper U.S. Fed rate cut

Posted on September 19, 2024 By admin
Indian shares set to open higher after bumper U.S. Fed rate cut

Image used for representative purpose only. | Photo Credit: ANI Indian shares are set to open marginally higher on Thursday (September 19, 2024) as the U.S. Federal Reserve started its monetary easing cycle with a large 50-basis-point rate cut. The GIFT Nifty was at 25,453.5 points as of 08:08 a.m. IST, indicating the NSE Nifty…

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