The Reserve Bank of India will conduct a two-day repo for 500 billion rupees ($6 billion) later in the day based on "a review of current and evolving liquidity conditions", the central bank said.
The Central Bank of Egypt (CBE) is anticipated to maintain its current overnight interest rates during the upcoming policy meeting on Thursday 21, December. This decision is expected despite the forecast of economic reforms following President Abdel Fattah Al-Sisi's recent re-election for a third six-year term, securing 89.6 percent of the vote. Analysts
The Reserve Bank of India (RBI) may ease overnight money market rates next month, as it tolerates government spending funds as long as durable liquidity reduces, in line with its inflation targeting aim. If government spending picks up in Q4 and system liquidity improves, overnight rates could fall back towards the Repo rate.
The Reserve Bank of India (RBI) may ease overnight money market rates next month, as it tolerates government spending funds as long as durable liquidity reduces, in line with its inflation targeting aim. If government spending picks up in Q4 and system liquidity improves, overnight rates could fall back towards the Repo rate.