Summary: New Delhi [India], Feb 7 (ANI): Chief Economist HDFC Bank, Abheek Barua on Wednesday said the decision for the Reserve Bank of India (RBI) to keep the he repo rate
and reverse repo rate
unchanged at 6 percent and 5.
The Saudi Arabian Monetary Authority raised its reverse repo rate
Hikes reverse repo rate
but leaves repo rate
unchanged to reduce gap
Summary: The Central Bank left the one-week repo rate
Abstract: This paper presents the empirical results of the volatility transmission of money market overnight repo rate
along the yield curve in Pakistan.
Till a fortnight ago, banks were reluctant to bring down interest rates despite the 50 basis points (bps) cut in the repo rate
5% to 7%, while the lombard repo rate
was left unchanged at 10%.
KARACHI -- THE State Bank of Pakistan has linked the minimum return on bank deposits with its repo rate
and set it at 50 basis points below the repo rate
, effective from October 1.
96% in March 2013, giving the Reserve Bank of India (RBI) leeway to reduce the repo rate
by 25 basis points (bps) to 7.
In line with the South African Reserve Bank's decision to leave the repo rate
unchanged at 5% earlier this month, the Bank of Namibia this week also kept the local repo rate
unchanged at 5.
It also noted other interest rates will be adjusted in accordance with the change in the repo rate
25% in the repo rate
(from 8%), and a similar cut in CRR (cash reserve ratio) which will allow the banks to possess more funds for the purpose of lending to home buyers.