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Updated Jan 12, 2021 | 19:07 IST In recent months, rising rates of inflation had limited the RBI s ability to engage in monetary policy easing measures aimed to spur an economic revival. The fall in the CPI in December has largely been due to a reduction in vegetable prices.  |  Photo Credit: PTI Key Highlights During the initial months of the COVID-19 outbreak, the RBI swiftly slashed interest rates in the hope of stirring economic activity, disregarding any concerns that increased inflationary pressures may follow The rising rates of inflation witnessed in October and November have largely been led by a spike in food prices – something that the RBI has contended was a result of supply-side disruptions rather than a demand-induced phenomenon ....
Date 08/01/2021 The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced that FactSet Research Systems Inc. will distribute the following three AFX AMERIBOR® Benchmark Interest Rates: Overnight unsecured AMERIBOR benchmark interest rate (ticker AMERIBOR) 30-day arithmetic average AMERIBOR benchmark interest rate (ticker AMBOR30) 90-day arithmetic average AMERIBOR benchmark interest rate (ticker AMBOR90)
“This is another significant step in elevating the awareness of AMERIBOR® throughout the worldwide business community.” said AFX Chairman and CEO Dr. Richard L. Sandor. “The reach of FactSet Research Systems Inc. ensures that the market will have access to AMERIBOR® benchmark interest rates. This will help the growth of AMERIBOR®-based loans, swaps, futures and other derivatives.” ....