Reserve Bank maintains current policies despite U.S. Federal Reserve's interest rate cut.

The Reserve Bank plans to maintain its current policies despite a recent interest rate cut by the U.S. Federal Reserve. This decision reflects the bank's commitment to its monetary strategy and could have implications for economic stability. The Reserve Bank aims to ensure its policies align with domestic economic conditions, independent of external influences, particularly from the U.S. central bank's actions.

September 22, 2024
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