So, the US federal Reserve has reduced their interest rates by 0.25% in the consecutive month.Even when their stock market in at an all time high Well, good for India. Dollar index will fell..And the rupee will appreciate a bit Ques asked in Prelims 2021, 2022 about this concept so told UPSC Prelims 2021 ques on US federal Reserve actions impact on GSec Plan IAS only posts things Only and only relevant for only UPSC and not even for state pcs So when US fed cuts rates, Dollar weakens, So indian Govt securities demand increases so yield decreases
Plan IAS
So, the US federal Reserve has reduced their interest rates by 0.25% in the consecutive month.Even when their stock market in at an all time high
Well, good for India. Dollar index will fell..And the rupee will appreciate a bit
Ques asked in Prelims 2021, 2022 about this concept so told
UPSC Prelims 2021 ques on US federal Reserve actions impact on GSec
Plan IAS only posts things Only and only relevant for only UPSC and not even for state pcs
So when US fed cuts rates,
Dollar weakens,
So indian Govt securities demand increases so yield decreases
22 hours ago | [YT] | 16