The Reserve Bank of India members have met this month between the 4th and 6th, and the decision was unanimous among all their members. The RBI chief has kept the Repo rate unchanged at 5.5 % and the policy stance was ” neutral”. The standing deposit facility (SDF) rate under the Liquidity Adjustment Facility (LAF) remains unchanged at 5.25%, while the marginal standing facility (MSF) rate and the Bank Rate are both at 5.75%.   

South Africa is about to make a bold move: lowering its official inflation target.

Following a 90-day pause after announcing the tariffs, President Trump introduced a new set targeting nearly 14 nations worldwide. This has made the nations realize that trade with the United States would come at a cost. With the baseline tariff of 10 percent is said to be given there is an additional burden added to it, which is mostly an additional burden for the nations to bear.