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Tag: US Federal reserve interest rate hike

US Fed rate hike: What it means for India

December 19, 2015December 19, 2015 - by India Writes Network

In a major move that could bolster the investor sentiment in the developed countries, the US Federal Reserve hiked the benchmark short-term interest rates by 0.25 percent. This has been done for the first time in over seven years after the 2008 financial crisis had forced the US Central Bank to make the interest rates at zero to ease the liquidity crunch.

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Indian rupee hits two-year low

November 27, 2015November 27, 2015 - by India Writes Network

Hitting a two-year low, the Indian rupee has continued to tumble. Amid continued selling by foreign   institutional investors in domestic stock and debt markets, the rupee slipped over 0.4 …

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