Central Bank RatesIndia policy rate in 2004 (1 changes)
Start of year7.00%
End of year6.00%Dec 31, 2004
Net change-100 bp0 hikes, 1 cuts
Average6.312%
Rank by level15 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Mar 31, 2004 | 7.00% | 6.00% | cut -100 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
5.25%
5.25%
6.5%
6.5%
6.25%
4%
4%
5.15%
6.5%
6%
6.25%
6.75%
8%
7.75%
8%
8.5%
6.25%
4.75%
6.5%
7.75%
7.25%
6.25%
6%
7%
7.5%
8.5%
8%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.