Real-Time MoneyWire is available only to registered users. This is best for professional traders and people who track markets actively.Real-Time MoneyWire is available only to registered users. This is best for professional traders and people who track markets actively.
The Reserve Bank of India's decision to hold mid-week variable rate reverse repo auction on Wednesday was seen as a way of anchoring money market rates above the Standing Deposit Facility rate of 5.25%. In addition to the call rate, the newly introduced Secured Overnight Rupee Rate benchmark, or SORR, also rose above the SDF rate post the auction after initial fixings were well below 5.25%.
Share this Story:
