Mid-Quarter Monetary Policy Review: December 2010

Last updated: 17 December 2010

Mid-Quarter Monetary Policy Review: December 2010 Monetary Measures It has been decided to: retain the repo rate at 6.25 per cent and the reverse repo rate at 5.25 per cent under the Reserve Banks liquidity adjustment facility (LAF); retain the cash reserve ratio (CRR) at 6.0 per cent of net demand and time liabilities (NDTL) of scheduled banks. Liquidity Measures It has been decided to: first, reduce the statutory liquid
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