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RBI slashes key repo rate by 75bps to 4.40% to fight coronavirus impact

RBI slashes key repo rate by 75bps to 4.40% to fight coronavirus impact

 

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GBP/USD: On the bids despite UK’s coronavirus woes, Brexit pessimism

While joining the chorus to cheer the US dollar weakness, GBP/USD pierces 1.2300, currently up 0.50% around 1.2265, ahead of the London open on Friday
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USD/INR Price Analysis: Heavy around 74.50 on RBI’s emergency rate cut

Given the RBI’s emergency rate cut of 75 bps, USD/INR drops to 74.62, intraday low of 74.46, while heading into the European open on Friday. While the
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