Monetary policy of India

The Central Bank will maintain its price stability-oriented monetary policy framework and inflation targeting will continue to shape the monetary policy regime in 2018, according to the bank’s Monetary and Exchange Rate Policy for the 2018 report issued on Dec. 5.

The Central Bank has kept its main interest rate unchanged but continued to tighten monetary conditions by raising its late liquidity lending rate by 50 points.  

Facing persistently rising inflation, the Central Bank raised its late liquidity lending rate to 12.25 percent at its Monetary Policy Committee (PPK) meeting on April 26. 

The Central Bank has taken another tightening step, hiking the cost of funds from its 'late liquidity window' while leaving conventional policy rates on hold to ease the inflation rate. 

The bank kept the overnight lending rate at 9.25 percent.

The Turkish Central Bank on March 16 kept its main rates steady and signaled a further tightening in its monetary policy to push down the inflation rate if necessary. 

The bank kept the overnight lending rate at 9.25 percent.

The Central Bank has shown signals of refocusing on price stability and hinted that it foresees that Turkish economic growth will lose momentum in the second half of the year, bankers and economists said after a meeting with Bank authorities.