The Reserve Bank of India (RBI) may ease overnight money market rates next month, as it tolerates government spending funds as long as durable liquidity reduces, in line with its inflation targeting aim. If government spending picks up in Q4 and system liquidity improves, overnight rates could fall back towards the Repo rate.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest