Central Bank RatesIndia policy rate in 2016 (2 changes)
Start of year6.75%
End of year6.25%Dec 31, 2016
Net change-50 bp0 hikes, 2 cuts
Average6.501%
Rank by level6 / 38
Changes in 2016
| Date | From | To | Change |
|---|---|---|---|
| Apr 5, 2016 | 6.75% | 6.50% | cut -25 bp |
| Oct 4, 2016 | 6.50% | 6.25% | cut -25 bp |
Compared with other areas at the end of 2016
13.75%
10%
8%
7.5%
7%
6.25%
5.75%
5%
4.75%
4.35%
4.25%
4%
3.75%
3.5%
3%
3%
2.5%
2.25%
2%
1.75%
1.75%
1.5%
1.5%
1.5%
1.25%
1%
0.9%
0.625%
0.5%
0.5%
0.25%
0.1%
0.05%
0%
-0.1%
-0.5%
-0.65%
-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%
2016: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.