India Interest Rate Decision

INR
Actual
6.50%
Forecast
6.50%
Previous
6.50%
Latest Release
Jun 07, 2024
Importance
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Jun 07, 2024 10:00 6.50% 6.50%
6.50%
Apr 05, 2024 10:00 6.50% 6.50%
6.50%
Feb 08, 2024 10:00 6.50% 6.50%
6.50%
Dec 08, 2023 10:00 6.50% 6.50%
6.50%
Oct 06, 2023 10:00 6.50% 6.50%
6.50%
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  • Tejeswar Sirasala @Tejeswar Sirasala
    Take to 1% then only every one will work in india. Economic will grow
    Like 0
    • Manju mailing @Manju mailing
      @Tejeswar Sirasala Someone should have worked hard to keep money in bank to get interest. What’s your problem?
      Like 5
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      100
  • Subrat Swain @Subrat Swain
    How to download this time series?
    Like 2
  • Dattatreya Datta @Dattatreya Datta
    i expect 0.50% rate cut.
    Like 0
  • Abhinav Singh @Abhinav Singh
    It is 6.75% and not 6.80% (29th September)
    Like 0

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