The repo rate, at which the central bank lends to banks, was raised to 5.4% from 4.9%. All other rates, including the penal Marginal Standing Facility rate, move up by an identical margin. The six-member Monetary Policy Committee (MPC) voted unanimously to raise the rate.
Bitcoin holds above $102,000 as traders await fresh cues amid cooling inflation
Bitcoin experienced a slight dip, trading around $102,263, while Ethereum fell to $2,569, impacting the broader crypto market. The earlier rally, fueled by cooling inflation