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Repo Rate has a direct impact on loans and EMIs for cars, houses, education, personal or business, credit cards, and mortgages. The Reverse Repo Rate is the interest rate at which the RBI borrows ...
Currently, the repo rate is at 6% whereas the reverse repo rate is at 3.35%. Using these two rates, the RBI sets the tone for all other interest rates in the banking system, and through that route, in ...
The People's Bank of China (PBOC) conducted RMB279 billion in 7-day reverse repo operations in the open market today (28th), ...
Investing.com - The kiwi eased in Asia after mixed jobs data with building figures in Australia and an interest rate review in India ahead. The U.S. dollar index, which measures the greenback’s ...
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