The Nomura analysts, Sonal Varma and Aurodeep Nandi, said in their latest client note, the Indian economy is likely to slow down further to 5.7% in April-June from a five-year low of 5.8% in January-March. Key Quotes: “High-frequency indicators continue to show familiar pain points – a deep contraction in consumption, weak investment, a slowing external sector and an under-performing services sector. We believe that the nature of the easing will change hereon from cutting policy rates to ensuring greater transmission via ensuring adequate liquidity. The Reserve Bank of India (RBI) to cut the key rate by 15bps in October. “ FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD technical analysis: Sellers dominate below 10-DMA, 0.6480/90 FX Street 4 years The Nomura analysts, Sonal Varma and Aurodeep Nandi, said in their latest client note, the Indian economy is likely to slow down further to 5.7% in April-June from a five-year low of 5.8% in January-March. Key Quotes: "High-frequency indicators continue to show familiar pain points - a deep contraction in consumption, weak investment, a slowing external sector and an under-performing services sector. We believe that the nature of the easing will change hereon from cutting policy rates to ensuring greater transmission via ensuring adequate liquidity. The Reserve Bank of India (RBI) to cut the key rate by 15bps in October.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
