RBI Interest Rate Decision (Repo Rate)
Most recent - Wednesday 9 October 2024 04:30
Previous
6.5%
Forecast
6.5%
Actual
6.5%
Next event - Friday 6 December 2024 04:30
Previous
6.5%
Forecast
6.5%
Actual
-
The typical/expected impact on INR pairs is medium.
The consensus forecast for RBI Interest Rate Decision (Repo Rate) is 6.5%.
Trading range
Forecast history
The most recent announced value for RBI Interest Rate Decision (Repo Rate) was 6.5% against a forecast of 6.5%.
Past events
Date
Forecast
Actual
Wednesday 9 October 2024 04:30
6.5%
6.5%
Thursday 8 August 2024 04:30
6.5%
6.5%
Friday 7 June 2024 04:30
6.5%
6.5%
Friday 5 April 2024 04:30
6.5%
6.5%
Thursday 8 February 2024 04:30
6.5%
6.5%
Friday 8 December 2023 04:30
6.5%
6.5%
Friday 6 October 2023 04:30
6.5%
6.5%
Thursday 10 August 2023 04:30
6.5%
6.5%
Thursday 8 June 2023 04:30
6.5%
6.5%
Thursday 6 April 2023 04:30
6.75%
6.5%
Wednesday 8 February 2023 04:30
6.5%
6.5%
Wednesday 7 December 2022 04:30
6.25%
6.25%
Friday 30 September 2022 04:30
5.9%
5.9%
Friday 5 August 2022 04:30
5.25%
5.4%
Wednesday 8 June 2022 04:30
4.8%
4.9%
Wednesday 4 May 2022 04:30
-
4.4%
Friday 8 April 2022 04:30
4%
4%
Thursday 10 February 2022 04:30
4%
4%
Wednesday 8 December 2021 04:30
4%
4%
Economic context
Recent economic data has been moderately bearish for INR. Other recent announcements which may affect the market's interpretation of the next RBI Interest Rate Decision (Repo Rate) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HSBC Manufacturing PMI | Bearish change | 57.3 | 56.5 | ||
| Gross Domestic Product Quarterly (YoY) | Bearish change | 6.7% | 5.4% | ||
| HSBC Composite PMI | Bullish change | 59.1 | 59.5 | ||
| HSBC Manufacturing PMI | Bearish change | 57.5 | 57.3 | ||
| HSBC Services PMI | Bullish change | 58.5 | 59.2 |
About RBI Interest Rate Decision (Repo Rate)
| Country: | India |
|---|---|
| Currency: | INR |
| Source: | Reserve Bank of India |
| Category: | Interest Rates |
| Frequency: | Weekly/week-based |
Related events
| Australia | RBA Interest Rate Decision | ||
| Canada | BoC Interest Rate Decision | ||
| Switzerland | SNB Interest Rate Decision | ||
| Eurozone | ECB Rate On Main Refinancing Operations | ||
| Japan | BoJ Interest Rate Decision | ||
| New Zealand | RBNZ Interest Rate Decision | ||
| United Kingdom | BoE Interest Rate Decision | ||
| United States | Fed Interest Rate Decision | ||
| China | PBoC Interest Rate Decision | ||
| South Korea | BoK Interest Rate Decision | ||
| Mexico | Central Bank Interest Rate | ||
| Norway | Norges Bank Interest Rate Decision | ||
| Russian Federation | Interest rate decision | ||
| Sweden | Riksbank Interest Rate Decision | ||
| Turkey | CBRT Interest Rate Decision |
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