The velocity of money is the number of times, per unit of time, that money is used to purchase goods or services in an ...

India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of ...

The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...

In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...

The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...

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.

OTTAWA: A Bank of Canada official says a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs. Central bank ...

Early this month, the Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term ...

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 ...

(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.

Further, domestic demand is also expected to benefit from the repo rate cut by the Monetary Policy Committee (MPC) in its meeting on February 7, 2025. The article also said there was an increase ...

The SARB’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 basis points in January for the third consecutive meeting following the end of the rates hike cycle that began in ...