Commodity Trade Mantra

All posts under ‘RBI- Reserve Bank Of India’

RBI Cuts Repo Rate 50 Basis Points, But Rupee Rallies

I’m a fan of RBI Gov. Rajan, and I think that if he feels as though this will help offset the China slowdown. But to see the rupee rally like it has after a rate cut? That’s a surprise. I shake my head in disbelief. But, gold is down, and so too is silver, and platinum, with palladium the only precious metals of these 4 to be trading with a gain this morning.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook