Understanding the Current Repo Rate and Its Impact on the Economy

Explore the significance of the current repo rate and its influence on the economy. Learn how the repo rate affects lending, borrowing, and monetary policy. Stay informed with Nodpot's comprehensive analysis and insights on economic dynamics.
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Current Repo rate and How it Impacts the Economy
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Current Repo rate and How it Impacts the Economy

The RBI decides the current repo rate to steer the economy in the desired direction. It influences liquidity by determining a hike or drop in the money supply.