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Showing 11 - 20 of 20 results for "reverse repo"

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... announcement. But the adjustment was so small, financial markets barely reacted to it. The PBOC lifted its 7-day and 28-day reverse repo rates by 5 basis points to 2.5% and 2.8%, respectively, and its medium-term lending facility rate also by 5 basis ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
... appear to have gotten the upper hand. The Indian central bank kept interest rates unchanged - repo rate at 6.0% and reverse repo rate at 5.75% - following its 4 October policy meeting. Financial markets widely expected the move and followed the RBI's ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
... basis points - repo rate to 6% (the first reduction in 10 months and the lowest rate since October 2010) and the reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months before) - following its 2 August Monetary policy committee ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
... China (PBOC) have also been working towards this goal by lifting short term interest rates - 7-day, 14-day and 28-day reverse repo rates lifted by 10 bps each last month -- and cracking down on shadow banking. These should see China's economy slow... ...

That other surprise

BENJAMIN ONG  |  TUESDAY, 20 JAN 2015
... policy move. The Reserve Bank of India (RBI) cut its key interest rates by 25 bps each - the repo rate to 7.75%, the reverse repo rate to 6.75%, the marginal standing facility rate and the Bank Rate to 8.75%. The surprise was not that the RBI did this ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... and a reader who goes by the handle "Goldcoaster". According to Mr. Goldcoaster, "Stocks are up because of record reverse repo unwind" so I decided to investigate. And yes, indeed! The Fed sold US$339.481 billion in overnight repos on 30 June but only ...

Indian optimism

BENJAMIN ONG  |  WEDNESDAY, 11 JUN 2014
... sidelines. In its June policy meeting, the RBI did nothing - it kept its key repo rate unchanged at a high 8.0%, the reverse repo rate at 7.0% and the cash reserve ratio at 4.0%. The only good news that came from the RBI is that further policy tightening ...

While America was shuttered

BENJAMIN ONG  |  MONDAY, 21 OCT 2013
... September, new RBI governor Raghuram Rajan - who assumed the post on 4 September - decided to lift both the repo and reverse repo rates by 25 basis points each. The Fed's deferment of its tapering move should give the RBI some breathing room to correct ...

China primed for encouraging rebound: HSBC

MARK STORY  |  MONDAY, 10 DEC 2012
While global demand is likely to remain fragile, HSBC maintains its above-consensus forecast that China's 2013 GDP growth will recover to 8.6% after bottoming out in the fourth quarter of 2012. Much of HSBC's projected China rebound in 2013 and beyond ...

Pain sans hysteria

BENJAMIN ONG  |  MONDAY, 21 MAR 2011
... rates, the Reserve Bank of India did just that last week. It raised the repo rate by 25 bps to 6.75 per cent and the reverse repo rate by the same amount to 5.75 per cent. Perhaps it's the sense of optimism that international agencies are all working ...
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