Breaking News

India Interest Rate Decision

Latest Release

Dec 06, 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
Dec 06, 2024	04:30	6.50%	6.50%	6.50%
Oct 09, 2024	04:30	6.50%	6.50%	6.50%
Aug 08, 2024	04:30	6.50%	6.50%	6.50%
Jun 07, 2024	04:30	6.50%	6.50%	6.50%
Apr 05, 2024	04:30	6.50%	6.50%	6.50%
Feb 08, 2024	04:30	6.50%	6.50%	6.50%

News

RBI holds benchmark rate, cuts cash reserve ratio as economic growth cools By Investing.com - Dec 06, 2024

Investing.com-- The Reserve Bank of India kept its benchmark rate unchanged as expected on Friday, but cut reserve requirements for banks as recent data showed a sharp cooldown in economic growth....

Asia stocks drop tracking Wall St, S. Korean shares slump amid political crisis By Investing.com - Dec 06, 2024

Investing.com-- Most Asian stocks fell on Friday ahead of key U.S. jobs data, mirroring overnight losses on Wall Street, while South Korean shares plunged amid an ongoing political crisis. All three...

Asia FX buoyed by rate cut bets; S. Korean won remains near 2-yr low By Investing.com - Dec 05, 2024

Investing.com-- Most Asian currencies drifted higher on Thursday as traders maintained bets on a December interest rate cut by the U.S. Federal Reserve, while the South Korean won weakened further...

Analysis

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Chart Of The Day: Why The Indian Rupee Is Heading For New All-Time Lows By Pinchas Cohen - Jun 07, 2022 4

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...

U.S. 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...

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BOE	4.75%	Dec 19, 2024
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