Reserve Bank Of Australia

In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility

Commodity currencies rallied in choppy trading on Tuesday led by the Australian dollar, boosted by the prospect of policy tightening by the Reserve Bank of Australia (RBA), while the euro fell.

The Australian dollar climb one-year high on the euro on Wednesday as investors were attracted by Australia's status as a net energy exporter and distance from Europe's troubles.

Woodside Petroleum surged 4.1% as the oil and gas explorer said its annual profit more than tripled

The labour market remains tight with unemployment at a 13-year low of 4.2% and vacancies at record highs

The Reserve Bank-led monetary policy panel is scheduled to announce the third monetary policy review on August 6

The government has infused Rs 3.5 trillion in PSBs in the last few years, with the previous round of recapitalisation taking place in September 2019

A quick look at RBI's measures to arrest Covid-19 slowdown

The RBI has reduced the repo rate by 75 basis points (bps) to 4.4 per cent, and the reverse repo rate by 90 bps which now stands at 4 per cent

Minutes of the meeting show Das felt economy needs more monetary stimulus as inflation outlook remains uncertain