The New York Federal Reserve said it accepted $316.246 billion submitted to its overnight reverse repo facility on Monday, the lowest since May 2021. That was down from $338.473 billion on Friday.
Daily short-term liquidity management is handled by RBI and other financial institutions using repo rates and reverse repo rates. Repo rate is the interest rate at which commercial banks borrow ...
The RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC), however, is likely to change the policy stance from 'accommodative' to 'neutral' and toy with the reverse-repo rate as part of ...
However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...