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Indian Central Bank Holds Interest Rates

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The Reserve Bank of India maintained its interest rates unchanged this Tuesday. The thread of inflation has not forced the Central Bank to increase rates to alleviated the pressure. The government and powerful business lobbies are the main groups in agreement with the decision. Analysts are forecasting inflation to be the deciding factor, and they don’t rule out a move before the next meeting of bank officials in January.

Wall Street Journal

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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