Analysts at TD Securities, think that the Reserve Bank of India will cut policy rates by 25bps in the wake of weaker and still below potential growth and well behaved inflation pressures. Key Quotes “At the last meeting held during August 5-7 the RBI cut rates by a bigger than expected 35bp to 5.40% while maintaining an accommodative policy stance, leaving the door open to further cuts. Following the government’s recent announcement of corporate tax cuts we expect the RBI to complement this with further, albeit less aggressive easing at this meeting.” 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 Forex Today: Johnson gets one week to sort out Brexit, Trump wants help, and the dollar drops with the data ahead of Non-Farm Payrolls FX Street 3 years Analysts at TD Securities, think that the Reserve Bank of India will cut policy rates by 25bps in the wake of weaker and still below potential growth and well behaved inflation pressures. Key Quotes "At the last meeting held during August 5-7 the RBI cut rates by a bigger than expected 35bp to 5.40% while maintaining an accommodative policy stance, leaving the door open to further cuts. Following the government's recent announcement of corporate tax cuts we expect the RBI to complement this with further, albeit less aggressive easing at this meeting." 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.
