RBI will cut interest rates in its monetary policy, credit policy, there are rumors in street and many analysts are expecting the same. Market analysis says, inflation was in control after a long struggle. Now there is need to shift the focus on growth rather than inflation, we have seen inflation and monetary tightening has almost paused the growth of different sectors. Continuous weakening of ... [Continue Reading]
RBI January Credit Policy Announced, CRR Cut by 50 bps Other Interest Rates Same
Reserve Bank of India (RBI) keeps the interest rates unchanged today on January Credit policy but it has cut CRR (cash reserve ratio) by 50 bps (basis points), this will infuse liquidity in the banking system also this has indicated that RBI has shifted its policy for talking inflation to pumping growth. Today's cut has lowered the CRR to 5.50% from previous 6.00 % and this will result in pumping ... [Continue Reading]
GBPUSD: Bank of England Interest Rate Decision and Techniacal Analysis for 4 August 2011: Buy or Sell GBPUSD
Bank of England is going to announce its decision on interest rates this afternoon, We believe that Bank of England will keep the interest rates unchanged at 0.50%, as growth slowdown was seen in last few months and we are sure that the BoE will be pressured to keep the rates unchanged. Also the inflation there is not a big reason to worry about in UK region. So we will be placing our bets that ... [Continue Reading]
Reserve Bank of India (RBI) hiked repo rate and reverse repo rate by 25bps
Reserve Bank of India (RBI) has furthered its aggressive stance against the rampant inflation and hiked repo rate and reverse repo rate by 25 basis points each to 7.50% and 6.50% respectively, in its mid-quarter policy review, which is in line with broader market expectations. While, the RBI has left cash reserve ratio, which is the amount of funds that banks have to keep with RBI, unchanged at ... [Continue Reading]
RBI Hikes Interest Rates by 50 bps on 3 May 2011
The benchmark equity indices made further declines into the negative territory during the previous one hour of trade and hit new intraday low as selling intensified among rate sensitive stocks after the Reserve Bank of India (RBI) in its first monetary policy review of 2012, raised repo and reverse repo rates by 50 basis points (bps), thus breaking its calibrated approach. The repo rate now stands ... [Continue Reading]