Question
The Federal Reserves’s statement came _____ the two
day policy meet where the central bank ________ key policy rates unchanged but _________ to begin winding down its huge bond holdings soon. The domestic currency appreciated ________ a solid 26 paise, or 0.40 %. This is the ________ closing for the home currency since May 16, when it had settled at 64.08. The Federal Reserves’s statement came _____ the two day policy meet In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.Solution
The Federal Reserves’s statement came after the two—day policy meet where the central bank kept key policy rates unchanged but expected to begin winding down its huge bond holdings soon. The domestic currency appreciated by a solid 26 paise, or 0.40 %. This is the highest closing for the home currency since May 16, when it had settled at 64.08.
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