In the view of the analysts at Morgan Stanley, India’s GDP growth is likely to decelerate to 4.4% YoY in July-September from 5% booked in the previous quarter. Key Quotes: “We expect growth to decelerate in F2020 to 5% as high frequency growth data remain weak. As such, we build in a slow recovery in 2020 on a low base effect, traction from past policy actions and expectation of global recovery from 1Q20. However, risks remain skewed to the downside from slower response from policy actions, longer-than-expected stabilization in demand conditions, renewed signs of credit stress affecting flow of resources and weaker global growth.” India’s July-September GDP data is due for release on Nov. 29th. USD/INR: Rupee opens firmer amid trade optimism, RBI rate cut calls 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 NZ: Stronger than expected retail trade data – ANZ FX Street 3 years In the view of the analysts at Morgan Stanley, India's GDP growth is likely to decelerate to 4.4% YoY in July-September from 5% booked in the previous quarter. Key Quotes: "We expect growth to decelerate in F2020 to 5% as high frequency growth data remain weak. As such, we build in a slow recovery in 2020 on a low base effect, traction from past policy actions and expectation of global recovery from 1Q20. However, risks remain skewed to the downside from slower response from policy actions, longer-than-expected stabilization in demand conditions, renewed signs of credit stress affecting flow of resources… 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.
