India policy rate in 2019 (5 changes)
Start of year6.50%
End of year5.15%Dec 31, 2019
Net change-135 bp0 hikes, 5 cuts
Average5.767%
Rank by level5 / 38
Changes in 2019
| Date | From | To | Change |
|---|---|---|---|
| Feb 8, 2019 | 6.50% | 6.25% | cut -25 bp |
| Apr 4, 2019 | 6.25% | 6.00% | cut -25 bp |
| Jun 7, 2019 | 6.00% | 5.75% | cut -25 bp |
| Aug 8, 2019 | 5.75% | 5.40% | cut -35 bp |
| Oct 5, 2019 | 5.40% | 5.15% | cut -25 bp |
Compared with other areas at the end of 2019
12%
7.25%
6.5%
6.25%
5.15%
5%
4.5%
4.25%
4.15%
4%
3%
3%
2.75%
2.5%
2.49%
2.25%
2.25%
2.25%
2.25%
2.25%
2%
1.75%
1.75%
1.625%
1.5%
1.5%
1.25%
1.25%
1%
0.9%
0.75%
0.75%
0.25%
0%
-0.1%
-0.25%
-0.75%
-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%
2019: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.