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Posts Tagged ‘ India government stimulus ’

India Starts 2009 With More Rate Cuts and Stimuli

Jan 5th, 2009 | By Mike Caggeso | Category: Emerging Markets, Financial News

India started the year on an actionable note by sharply cutting interest rates and unveiling another stimulus package. The Reserve Bank of India lowered its repurchase rate by one percentage point to 5.5%, and lowered the reverse-repurchase rate by one percentage point to 4%.

Tags: Economic Slowdown, Emerging Markets, Global Financial Crisis, India economy, India government stimulus, India rate cuts, Ing Investment Management, Mike Caggeso, Reserve Bank Of India
Posted in Emerging Markets, Financial News | No Comments »

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