Breaking News

India Interest Rate Decision

Latest Release

Aug 08, 2024

Actual

6.50%

Forecast

6.50%

Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. Changing them influences economic growth,inflation, exchange rates and unemployment.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.

Importance:

Country:

Currency: INR

Source: Reserve Bank of India

Release Date	Time	Actual	Forecast	Previous
Aug 08, 2024	00:30	6.50%	6.50%	6.50%
Jun 07, 2024	00:30	6.50%	6.50%	6.50%
Apr 05, 2024	00:30	6.50%	6.50%	6.50%
Feb 08, 2024	00:30	6.50%	6.50%	6.50%
Dec 08, 2023	00:30	6.50%	6.50%	6.50%
Oct 06, 2023	00:30	6.50%	6.50%	6.50%

News

Asian stocks rise on cooling recession fears, positive China inflation By Investing.com - Aug 08, 2024

Investing.com-- Asian stocks rose on Friday amid cooling fears that a U.S. recession was imminent, while mildly positive inflation data from China also helped spruce up sentiment. But regional...

RBI keeps interest rates unchanged at 6.5%, cuts Q1 GDP forecast By Investing.com - Aug 08, 2024

Investing.com-- The Reserve Bank of India kept interest rates unchanged as widely expected, and reiterated that it will continue to withdraw accommodative policy to ensure a decline in inflation. The...

Asia FX: Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation By Investing.com - Aug 08, 2024

Investing.com-- Most Asian currencies firmed on Thursday with the Australian dollar logging strong gains after Reserve Bank Governor Michele Bullock said the bank will not hesitate to hike interest...

Analysis

Chart Of The Day: Why The Indian Rupee Is Heading For New All-Time Lows By Pinchas Cohen - Jun 07, 2022

On Wednesday, the Reserve Bank of India holds its next policy meeting with an interest rate decision due at 12:30 AM EDT.Though a hike of anywhere between 25 and 50 basis points is anticipated, the...

Opening Bell: U.S. Futures, Global Stocks Rise; Dollar Falls; Oil Jumps By Pinchas Cohen - Jun 06, 2022

China's reopening economy boosts European basic resource stocks U.S. Futures rise after underlying benchmarks finish lower on Friday Oil jumps despite OPEC+ production boost Key EventsOn Monday, US...

Opening Bell: Fed Minutes Boost U.S. Futures, European Stocks Higher; Yields Slip By Pinchas Cohen - Apr 07, 2022

Fed members agree to cut assets by $1 trillion a year Dollar rally continues Yields fall back slightly Key EventsUS futures on the Dow Jones, S&P 500, NASDAQ 100 and Russell 2000 moved slightly...

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	Interest Rates	Next Meeting
BOC	4.25%	Oct 23, 2024
FED	5.50%	Sep 18, 2024
BOE	5.00%	Sep 19, 2024
ECB	4.25%	Sep 12, 2024
SNB	1.25%	Sep 26, 2024
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PBOC	3.35%
BCB	10.50%	Sep 18, 2024