The Central Board of Directors of the Reserve Bank of India is responsible for making interest rate decisions in India. The benchmark repurchase rate is the official interest rate. When the Reserve Bank of India changed its monetary policy objectives in 2014, it placed a greater emphasis on price stability, deprioritizing government borrowing, currency stability, and the need to preserve exports. In February 2015, the government and central bank decided on a goal for consumer inflation of 4%, with a range of plus or minus 2% points, starting with the financial year ending in March 2017.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.