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Policy Daily Review December 6, 2017

Policy Daily Review for December 6, 2017

Sensex, Nifty Seen Lower Ahead Of RBI Policy Outcome

Indian shares are likely to open a tad lower on Wednesday ahead of the RBI monetary policy later today, with economists expecting a relatively hawkish tone given the recent concerns over inflation and fiscal deficit.

 

Dollar weakens as government shutdown looms

The dollar nudged lower on Wednesday, weighed by concerns about a possible U.S. government shutdown. Concerns offset optimism gained over progress on tax reform legislation. The Aussie meanwhile weakened as economic data showed worrying signs for growth.

 

Have a nice trading!




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