RBI INTREST RATE DESCION TOMOOROW

RESERVE BANK OF INDIA WILL DECIDE WHETER TO CUT INTREST RATE DESCSION

  

LAST CHANGE WAS APRIL 17  CUTTED FORM 8.5% TO 8% NOW MARKET EXPCETS  7.75% SO CUT OF 25BPS ACTUAL DESCISON WAS TOOMOROW ARD 11AM.  

WHAT IS MONETARY POLICY ? 

Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. Changing them influences economic growth,inflation, exchange rates and unemployment.
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.