India leaves key interest rates unchanged

Note: This section contains information in English only.
Source: Bloomberg
The Reserve Bank of India decided to leave its key borrowing rate unchanged, the first time in 8 meetings as both inflation and growth slows down. The central bank of India left benchmark interest rate untouched at 8.5% meeting predictions made earlier by economists. India rupee appreciated 2.7% against US dollar on the RBI announcement. 
Back to articles

Actual Topics

Fri, 16 Dec 2011 09:31:46 GMT

India maintains its key interest rate

The Reserve Bank of India announced it would maintain the key interest rates at the same level and would devote its strategies towards sustainable growth. The lending rate stayed at 8.50% while borrowing rate at 7.50%. The bank cited worsening economic outlook and outlined that it now put all its efforts in boosting economy rather than combating exorbitant inflation.

Fri, 16 Dec 2011 07:20:56 GMT

Monti to face a confidence vote on austerity package

Italian PM Mario Monti today will face a confidence vote to hurry a budget proposal of 30 bn euro ($39 bn) emergency plan to stimulate growth and regain investor confidence that Italy can reduce its debt. Monti's government is urging lawmakers to vote in favour otherwise the government may fall. Monti's proposed measures include reforms in pension and tax system.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.