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Author Archives: Insta Forex

India Central Bank Cuts Key Interest Rate By 25 Bps

The Reserve Bank of India on Thursday slashed its repo rate by 25 basis points to 6 percent, in line with economists’ expectations, and lowered the growth and inflation outlook. The reverse repo rate was lowered to 5.75 percent and ...

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Euro Drops After German Factory Orders

Destatis has released German factory orders for February at 2:00 am ET Thursday. After the data, the euro fell against its major counterparts. The euro was trading at 125.16 against the yen, 1.1215 against the franc, 0.8526 against the pound ...

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