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The People’s Bank of China (PBOC) said on its website that it was lowering the seven-day reverse repurchase rate to 2.50 per cent from 2.55 per cent.
The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility by more than it cut the federal funds rate. The Fed said that ...
Browse here. The effective fed funds rate, the rate banks charge each other for overnight loans to meet reserves required by the U.S. central bank, was still at 0.06% which might move on Friday since ...
While the federal funds rate target is seen being trimmed by a quarter-percentage-point to between 4.25% and 4.50%, the reverse repo rate, or RRP, is seen falling to 4.25% from its current setting ...
The Fed said that the reverse repo rate will now stand at 4.25% from its prior level of 4.55%, marking a 30 basis point easing, while it lowered the federal funds target rate range by a quarter ...
(Reuters) -India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9. The move follows the central bank ...
Without the reverse repo activity, “money market rates such as SOFR (U.S. secured overnight financing rate) would be pressured lower possibly below zero,” he added. SOFR, an overnight repo rate that ...
The Reserve Bank of India said on Tuesday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.62 billion) on June 27, following a review of liquidity ...
India's central bank kept the repo and reverse repo rates unchanged but raised banks' cash reserve requirements by 75 basis points to 5.75 percent, effective in two stages in February, at the ...
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