Breaking News

India Interest Rate Decision

Latest Release

Oct 09, 2024

Actual

6.50%

Forecast

6.50%

The Bank of India releases its decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.
A reading that is stronger than forecast is generally supportive (bullish) for the INR , while a weaker than forecast reading is generally negative (bearish) for the INR.

Importance:

Country:

Currency: INR

Source: Reserve Bank of India

Release Date	Time	Actual	Forecast	Previous
Oct 09, 2024	05:30	6.50%	6.50%	6.50%
Aug 08, 2024	05:30	6.50%	6.50%	6.50%
Jun 07, 2024	05:30	6.50%	6.50%	6.50%
Apr 05, 2024	05:30	6.50%	6.50%	6.50%
Feb 08, 2024	05:30	6.50%	6.50%	6.50%
Dec 08, 2023	05:30	6.50%	6.50%	6.50%

News

RBI keeps interest rates steady, shifts to neutral stance By Investing.com - Oct 09, 2024

Investing.com-- The Reserve Bank of India left interest rates unchanged as widely expected on Wednesday, but shifted to a neutral stance, opening the door for a potential rate cut in the coming...

Asia FX muted with Fed, inflation cues on tap; Kiwi sinks on RBNZ cut By Investing.com - Oct 09, 2024

Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar steadied in anticipation of more signals from the Federal Reserve and U.S. inflation on the path of interest...

Asia stocks rise on tech gains; China slides as stimulus cheer wanes By Investing.com - Oct 09, 2024

Investing.com-- Most Asian stocks rose on Wednesday with technology shares tracking gains in their U.S. peers, while Chinese markets fell sharply as investors were disappointed by a lack of details on...

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...

Asia-Pacific Rate Cuts Presage Further Easing As Recession Fears Grow By Darrell Delamaide - Aug 15, 2019

Several Asia-Pacific central banks cut benchmark interest rates last week in a surprisingly vigorous way, and others are poised to follow suit as they use the leeway provided by rate cuts in the U.S....

Commodities Week Ahead: Trade War Returns To Hurt Oil, Boost Gold By Barani Krishnan - Aug 05, 2019

Donald Trump’s plan for additional China tariffs is expected to wreak new waves of disruption across global markets this week, pressuring oil particularly even as Iranian tensions continue to...

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	Interest Rates	Next Meeting
CBN	27.25%	Jan 28, 2025
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