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 ...

Indonesia’s interest rate rise highlights need for urgent defensive action.
Argentina's return to financial chaos might seem remote to...
Pakistan Retains Stable Rating
Moody’s Investors Service said that Pakistan’s (B3 stable)...
Japan April Exports Accelerate
Japan’s exports accelerated in April on increased shipments of...
Real growth of the oil sector was  14.77% year-on-year in Q1.
Nigeria’s economy expanded for a fourth straight quarter in...
Bruno Le Maire
The stability of the eurozone will be at stake if a populist...
Chan Chun Sing (L) and CEO of the Singapore Business Federation Ho Meng Kit,  at The Business Times Leaders Forum on Monday.
With the rise in unilateralism and protectionism, the...
Goldman Says US in Dire Straits
Goldman Sachs’ analysts delivered a weekend note on the United...
Taiwan Economic Sentiment Weakens
Sentiment toward Taiwan’s economy weakened in May after the...

Add new comment

Read our comment policy before posting your viewpoints