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Gulf Independent - interest-rate
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India cuts interest rate to lowest since 2011, but raises reverse repo ECONOMY

India cuts interest rate to lowest since 2011, but raises reverse repo

The Reserve Bank of India cut its policy interest rate by a quarter percentage point on Tuesday, reducing it to a more than five-year low while dangling the prospect of another cut later this year if inflation trends stay benign.

4:45 AM November 25 2016
Gold rises to near 13-month high on equities, Fed rate views ECONOMY

Gold rises to near 13-month high on equities, Fed rate views

Gold rose on Monday, hovering just below last week's 13-month high as global shares dipped, while a fall in average US earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting.

4:45 AM November 25 2016