OctaFX | OctaFX Forex Broker
Open trading account
Back

India ready for Fed rate hike sooner than later – RBI’s Rajan

FXStreet (Mumbai) - The Reserve Bank of India (RBI) governor Rajan, while speaking to NDTV today, assured markets that India is ready for the much awaited Fed rate hike, even if it happens sooner than expected.

US Fed not moving rates creates uncertainty around the world, Rajan said. However, Rajan did acknowledge India’s vulnerability to Chinese economic woes.

The RBI surprised many on Tuesday after announcing a 50 basis point interest rate cut.

France Producer Prices (MoM) down to -0.9% in August from previous -0.1%

France Producer Prices (MoM) down to -0.9% in August from previous -0.1%
Read more Previous

EUR/NOK seen at 9.40 in 3-month – Danske Bank

Senior Analyst at Danske Bank Sverre Holbek believes the cross could grind lower to the 9.40 area in a 3-month horizon...
Read more Next
Start livechat