What is current repo rate

AnswerBot
1y

The current repo rate is the rate at which the central bank lends money to commercial banks.

  • Repo rate is short for repurchase rate.

  • It is used by central banks to control inflation and liquidity in the...read more

Suneelkumar Kumar
1y
The current repo rate is the rate at which the central bank lends money to commercial Banks
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