India Interest Rate Decision

INR
Actual
5.40%
Forecast
5.25%
Previous
4.90%
Latest Release
Aug 05, 2022
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
Aug 05, 2022 10:00 5.40% 5.25%
4.90%
Jun 08, 2022 10:00 4.90% 4.80%
4.40%
May 04, 2022 16:30 4.40% 4.00%
4.40%
Apr 08, 2022 10:00 4.00% 4.00%
4.00%
Feb 10, 2022 10:00 4.00% 4.00%
4.00%
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  • Tejeswar Sirasala @Tejeswar Sirasala
    Take to 1% then only every one will work in india. Economic will grow
    Like 0
  • Subrat Swain @Subrat Swain
    How to download this time series?
    Like 0
  • 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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