RBI Leaves Key Rates Unchanged
RBI Leaves Key Rates Unchanged

RBI Leaves Key Rates Unchanged

RBI Leaves Key Rates Unchanged

The Reserve Bank of India announced its sixth bi-monthly monetary policy statement where it left key repo and reverse repo rates unchanged. The repo rate was left unchanged at 6.25% and the reverse repo rate at 5.75%, DNAIndia reported. This was against the common view that the central bank would cut rates by at least 25 bps before holding them for the rest of the year. After the policy announcement, the BSE Sensex crashed over 100 points and was trading 120 points below the red line while the NSE Nifty was down 31 points. 


Short URL : https://goo.gl/2YaI4a
  1. https://goo.gl/zZIGXG
  • https://goo.gl/1SGybh
  • https://goo.gl/0mqQAC
  • https://goo.gl/IXxHj6
  • https://goo.gl/niWcFo

You can also read ...

Taiwan Q3 Growth Highest in 2 Years
Taiwan’s economy grew 3.1% in the July-September period to a...
German Business Morale Soars to Record High
German business confidence hit a record high in November...
Swiss Factory Output Up
Switzerland’s industrial production and turnover increased...
French Business Confidence at 10-Year High
French business confidence hit a near 10-year-high in November...
Venezuela Bad Debts Pile Up
Venezuela moved closer to a possible all-out default, with...
S&P Retains India’s Rating, Outlook
Close on the heels of Moody’s upgrading India’s sovereign...
Oil Cut Affects Russia
The OPEC/non-OPEC production cuts hurt Russia’s economic...
Asia Markets Close Mixed, Europe Extends Rise
Asian markets closed mixed on Friday, following a quiet...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.