India’s central bank reduces CRR, leaves repo rate unchanged

Capt. John

No change in repo rate, but RBI cut CRR to address liquidity tightening The Reserve Bank of India left the repo rate unchanged at 6.5% but cut the cash reserve ratio by 50bp to 4%, in line with our and consensus expectations. The monetary policy stance was left unchanged at neutral. 10-year yields...

https://www.hellenicshippingnews.com/indias-central-bank-reduces-crr-leaves-repo-rate-unchanged/

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