Sunday 2 September 2018

Latest --Repo and Reverse Repo Rates

Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent with immediate effect.
2. Consequent to the change in the Repo rate, the Reverse Repo rate under the LAF stands adjusted to 6.25 per cent with immediate effect.