RBI leaves rates unchanged, but cuts the cash reserve ratioas government acts on reforms
Publicada el lunes, 17 de septiembre de 2012 | Actualizada el viernes, 17 de junio de 2016
RBI leaves rates unchanged, but cuts the cash reserve ratioas government acts on reforms
Resumen
As expected, the Reserve Bank of India (RBI) today left its key repo rate unchanged at 8.0% in light of persistent inflation, but reduced the cash reserve ratio (CRR) by 25 bps to 4.5% to help ease liquidity and lower funding costsfor banks.
Geografías
- Etiquetas de Geografía
- Asia
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Autores
Sumedh Deorukhkar
BBVA Research - Economista Senior