India Interest Rate Decision

INR
Actual
4.00%
Forecast
4.00%
Previous
4.00%
Latest Release
Oct 08, 2021
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
Dec 08, 2021 10:00 - 4.00%
4.00%
Oct 08, 2021 10:00 4.00% 4.00%
4.00%
Aug 06, 2021 10:00 4.00% 4.00%
4.00%
Jun 04, 2021 10:00 4.00% 4.00%
4.00%
Apr 07, 2021 10:00 4.00% 4.00%
4.00%
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  • 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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