The Indian rupee's direction this week will be determined by the continuation of dollar inflows and the degree to which the ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty.
With mediocre growth, low CPI inflation and increasingly high real rates, the imperative to cut policy rates has risen materially, said BofA Securities while reinforcing expectations of a 100 bp cut ...
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.
In response to the liquidity situation, RBI has taken a series of steps, including multiple variable rate repo (VRR) auctions, a 25bps (basis point) repo rate cut, and significant open market ...
Following the Reserve Bank of India's recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens.
On February 22, Prime Minister Narendra Modi named former RBI Governor Shaktikanta Das as ... he lowered the policy repo rate to a record low of 4% and kept interest rates low for nearly two ...
When commercial banks face liquidity issues, they borrow money from Bangladesh Bank, a process known as repo. The interest rate is determined through a repo or repurchase agreement. With reverse ...
Slumping savings rates have also put pressure on deposits. The seven-day interbank repo rate has stayed well above the PBOC’s own reverse repo rate, a key anchor for the market. The spread ...
(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.
RATE CUT IN FEBRUARY; BUT HOW MUCH MORE? The RBI Monetary Policy Committee (MPC), in its Feb 05-07 meeting, cut repo rates by 25 bps to 6.25%. This lowered the SDF rate also by 25 bps to 6.00% ...