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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

India Kept Its Rates Unchanged For 2018

February, 10 2017
watermark Economic news

The Reserve Bank of India will maintain its interest rates until the second half in 2018 after it has been decided to be at a neutral position. On the contrary, less than one-fifth of the tally from the consensus chose to reduce the rates by the second quarter this year. The last time RBI has adjusted its policy rates lower by 1.75 percentage points over the span of two years since the global financial crisis.


The central bank worries the risks possible inflicted by inflation that has made them shift from dovish to neutral stance regarding its monetary policies. Although, it may not get worse to such extent. Moreover, the rise in global crude oil prices also increased as much as 14 percent since late November has also added pressure to an abrupt shift of RBI regarding inflation concerns.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.