India Interest Rate Decision

  • India Interest Rate Decision results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.
INR
Actual
6.50%
Forecast
6.50%
Previous
6.50%
Latest Release
Aug 10, 2023
Importance
Source
Reserve Bank of India
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Oct 06, 2023 06:30 - 6.50%
6.50%
Aug 10, 2023 06:30 6.50% 6.50%
6.50%
Jun 08, 2023 06:30 6.50% 6.50%
6.50%
Apr 06, 2023 06:30 6.50% 6.75%
6.50%
Feb 08, 2023 06:30 6.50% 6.50%
6.25%

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