The benchmark interest rate in India was last recorded at 6.25 percent. This dataset provides - India Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Real interest rate (%) in India was reported at 1.7046 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Inflation Rate in India decreased to 3.61 percent in February from 4.31 percent in January of 2025. This dataset provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for INTERBANK RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Interbank Rate in India increased to 7.21 percent on Tuesday March 18 from 7.20 in the previous day. This dataset provides - India Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India 10Y Bond Yield was 6.60 percent on Wednesday March 26, according to over-the-counter interbank yield quotes for this government bond maturity. India 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

The benchmark interest rate in Israel was last recorded at 4.50 percent. This dataset provides - Israel Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for BANK LENDING RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Inflation Rate in Japan decreased to 3.70 percent in February from 4 percent in January of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

State Bank of India reported 1.21T in Interest Income for its fiscal quarter ending in September of 2024. Data for State Bank of India | SBIN - Interest Income including historical, tables and charts were last updated by Trading Economics this last March in 2025.

Inflation Rate in Pakistan decreased to 1.50 percent in February from 2.40 percent in January of 2025. This dataset provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Sri Lanka decreased to -4.20 percent in February from -4 percent in January of 2025. This dataset provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

India Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2020-21 Based data was reported at 100.175 2020-2021=100 in 2023. This records a decrease from the previous number of 100.423 2020-2021=100 for 2022. India Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2020-21 Based data is updated yearly, averaging 100.299 2020-2021=100 from Mar 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 101.695 2020-2021=100 in 2020 and a record low of 100.000 2020-2021=100 in 2021. India Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2020-21 Based data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MC009: Effective Exchange Rate Index.

India Effective Exchange Rate Index: Annual: Nominal: Trade Weighted: 6 Currencies: 2015-16 Based data was reported at 83.618 2015-2016=100 in 2024. This records a decrease from the previous number of 85.929 2015-2016=100 for 2023. India Effective Exchange Rate Index: Annual: Nominal: Trade Weighted: 6 Currencies: 2015-16 Based data is updated yearly, averaging 101.227 2015-2016=100 from Mar 2005 (Median) to 2024, with 20 observations. The data reached an all-time high of 150.344 2015-2016=100 in 2008 and a record low of 83.618 2015-2016=100 in 2024. India Effective Exchange Rate Index: Annual: Nominal: Trade Weighted: 6 Currencies: 2015-16 Based data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Interest and Foreign Exchange Rates – Table IN.MC009: Effective Exchange Rate Index.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion at a CAGR of 10.6% between 2024 and 2029.

The market continues to evolve, driven by several key trends and challenges. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. The Internet of Things (IoT) and artificial intelligence (AI) revolutionize banking and financial services, enabling real-time personal finance software and content delivery for travelers and businesses. The uncertainty of future exchange rates fuels the demand for 24x7 trading opportunities. As urbanization progresses and digitalization becomes more prevalent, the market is expected to grow, offering numerous opportunities for businesses and investors.

What will be the Size of the Foreign Exchange Market During the Forecast Period?

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The market, also known as the forex or FX market, is a decentralized global market for the trading of currencies. It facilitates the conversion of one currency into another for various reasons, including international trade, tourism, hedging, speculation, and investment. Participants in this market include financial institutions, non-financial customers, individuals, retailers, corporate institutes, and central banks. Currencies are traded 24 hours a day, five days a week, due to the presence of multiple time zones and the interbank network.
Currency swaps, interest rate differentials, monetary interventions, economic indicators, political developments, and investment flows are some of the key drivers influencing the market. International trade, balance of payments, and economic instability in various countries also significantly impact currency values. Speculation and hedging activities, particularly by corporations and financial institutions, contribute to the volatility of currency rates. The market is increasingly leveraging artificial intelligence and Internet of Things technologies to optimize trading strategies, with mutual funds utilizing these advancements to enhance portfolio performance and manage currency risk more efficiently. The forex market plays a crucial role in facilitating international business transactions and managing risks associated with currency fluctuations.

How is this Foreign Exchange Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.TypeReporting dealersFinancial institutionsNon-financial customersTrade Finance InstrumentsCurrency swapsOutright forward and FX swapsFX optionsCounterpartyReporting DealersOther Financial InstitutionsNon-Financial CustomersGeographyNorth AmericaCanadaUSEuropeGermanyUKAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period. The market, also known as Forex or FX, is a global financial market where participants buy, sell, and exchange currencies. This market involves various market participants, including financial institutions, non-financial customers, and corporations. Currency swaps, individuals, retailers, corporates, hedge funds, wealth managers, and foreign exchange services are among the key players. The markets facilitate international trade and investment flows, with economic indicators, political developments, inflationary pressures, and interest rate differentials influencing currency values. Monetary interventions, speculation, and risk appetite are also significant factors.
Modern technology and electronic platforms have increased efficiency and accessibility, enabling 24-hour operation. Currency exchange services, monetary policies, and regulations, including those by central banks, impact the market. Economic events, financial crises, and strategic corporate activities can cause volatility. Hedging strategies, accessible platforms, and personal finance considerations are essential for individual investors, small businesses, and multinational corporations dealing with major currency pairs. Online trading platforms and trade balances are crucial for managing currency risks in an increasingly globalized business environment.

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The Reporting dealers segment was valued at USD 278.60 billion in 2019 and showed a gradual increase during the forecast period.

Currency pairs are the foundation of forex trading, with spot trading being one of the most common methods of buying and selling currencies. Forward contracts and swap deals offer traders the ability to lock in exchange rates for future transactions, managing ris

Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2021-22 Based在2024达99.7272021-2022=100，相较于2023的99.6902021-2022=100有所增长。Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2021-22 Based数据按每年更新，2020至2024期间平均值为99.7272021-2022=100，共5份观测结果。该数据的历史最高值出现于2020，达101.3182021-2022=100，而历史最低值则出现于2021，为99.6302021-2022=100。CEIC提供的Effective Exchange Rate Index: Annual: Real: Trade Weighted: 6 Currencies: 2021-22 Based数据处于定期更新的状态，数据来源于Reserve Bank of India，数据归类于India Premium Database的Interest and Foreign Exchange Rates – Table IN.MC009: Effective Exchange Rate Index。

Effective Exchange Rate Index: Annual: Real: Trade Weighted: 40 Currencies: 2015-16 Based在2024达103.7152015-2016=100，相较于2023的102.7802015-2016=100有所增长。Effective Exchange Rate Index: Annual: Real: Trade Weighted: 40 Currencies: 2015-16 Based数据按每年更新，2005至2024期间平均值为99.1792015-2016=100，共20份观测结果。该数据的历史最高值出现于2018，达105.9402015-2016=100，而历史最低值则出现于2009，为88.9022015-2016=100。CEIC提供的Effective Exchange Rate Index: Annual: Real: Trade Weighted: 40 Currencies: 2015-16 Based数据处于定期更新的状态，数据来源于Reserve Bank of India，数据归类于India Premium Database的Interest and Foreign Exchange Rates – Table IN.MC009: Effective Exchange Rate Index。