#FOMCMeeting
EU and USA has signed trade agreement. FOMC has organized meeting today. The interest rate holds today. But there are some key points about the meeting. They are--
1. Interest rate
2. cash reserve ratio-3 percent
3. statutory liquidity ratio- 5 percent
5. Bank exposer limit in financial market.
Since index nasdaq has increased 0.73 percent the bank exposer limit may increase. However it is stipulated that the cross border profit from bank exposer has increased.