Veja também
07.02.2019 05:54 PM
The Reserve Bank of India (RBI) unexpectedly all reduced the key interest rate from 6.5% to 6.25% per annum. The decision of the Central Bank did not coincide with analysts' forecasts, only 11 out of 43 experts suggested a rate cut. The new head of the Indian regulator Shaktikanta Das, for whom this meeting was the debut, was among the first to support easing of monetary policy.
This decision was facilitated by the weakening of inflation in the country. In December, consumer price growth rates increased to 2.2% in annual terms. However, the target RBI inflation target is 4%. A key factor leading to a weakening of inflation was the decline in food prices.
According to forecasts of the Central Bank, India's GDP will increase by 7.4% in the current fiscal year ending in March 2019.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
