Repo rate unchanged at 4.0 percent, GDP growth predicted to be negative in FY2

repo rate
  • The policy repo rate unchanged at 4.0 percent after the decision was taken by the six-member Monetary Policy Committee during its meeting on August 6, 2020.
  • The MPC has consequently decided to keep the reverse repo rate under the liquidity adjustment facility (LAF)unchanged at 3.35 percent and the marginal standing facility (MSF) rate and the Bank Rate at 4.25 percent.
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