The dollar weakened due to tame U.S. inflation data, increasing expectations of a Federal Reserve rate cut next month. President Trump’s attempts to influence the Fed further undermined the currency. While investors are pricing in a high probability of a rate cut, some analysts advise caution, awaiting further economic data to solidify the outlook.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
December 11, 2025