Widening Interest Rates in India and United States.

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..... Widening Interest Rates in India and United States.
News and Press Release
Dated:- 4-5-2012

Press Information Bureau Government of India Ministry of Finance 04-May-2012 17:06 IST Wid .....

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..... ening Interest Rates in India and United States The difference in interest rate prevailing in India and the US has widened in the last three years. The difference between the ten year yields of Gover .....

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..... nment securities in India and US has increased from 3.2 percentage points on 4.5.2009 to 6.7 percentage points on 2.5.2012. The interest rate in an economy is influenced by a large number of factors i .....

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..... ncluding policy rates set by the Central Bank. US policy rates have remained at 0 - 0.25 per cent in view of the slow pace of recovery and in India policy rates were raised to control inflationary pre .....

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..... ssures. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Lok Sabha today. SS/SL
News - Press release - PIB .....

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