MNI BRIEF: German Growth Stuck At 0.3% For Years To Come - IWH

MNI China Daily Summary: Thursday, January 16

MNI: ITALY DEC FINAL HICP 0.1% M/M, 1.4% Y/Y

MNI BRIEF: China Shipbuilding Up 13.8% In 2024

MNI: PBOC Net Injects CNY336.4 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1881 Thurs; -2.18% Y/Y

MNI: GERMANY FINAL DEC HICP 2.8% Y/Y, 0.7% M/M

MNI: UK NOV GDP 0.1% M/M, 0.0% 3M/3M, 1.0% 3M Y/Y

MNI: GERMAN DEC CPI +2.2 % Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

INDIA: Country Wrap: RBI Must Avoid Excessive FX Intervention. 

INDIA
IndiaEM BulletBulletAPACEmerging Market News
  • India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to volatility, according to a former central bank chief. (source: BBG).
  • Short-Term Rates at 10-Month High on Tight Cash (source: BBG).
  • The Indian central bank has decided to conduct Variable Rate Repo, or VRR, auctions on all working days after a review of the current and evolving liquidity conditions, according to a statement on RBI website. (source: BBG).
  • India’s NIFTY 50 was up on early trading by +0.4% to mark a third successive positive day.
  • INR:  the rupee was weaker today by -0.145% at 86.48
  • Bonds: India’s 10YR opened strongly at 6.77% following yesterday’s close of 6.81%. 
111 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to volatility, according to a former central bank chief. (source: BBG).
  • Short-Term Rates at 10-Month High on Tight Cash (source: BBG).
  • The Indian central bank has decided to conduct Variable Rate Repo, or VRR, auctions on all working days after a review of the current and evolving liquidity conditions, according to a statement on RBI website. (source: BBG).
  • India’s NIFTY 50 was up on early trading by +0.4% to mark a third successive positive day.
  • INR:  the rupee was weaker today by -0.145% at 86.48
  • Bonds: India’s 10YR opened strongly at 6.77% following yesterday’s close of 6.81%.