What is Repo Rate?

Posted by Pinki | Updated on

The discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country’s monetary system.


If you like this question & answer and want to contribute, then write your question & answer and email to freewebmentor[@]gmail.com. Your question and answer will appear on FreeWebMentor.com and help other developers.

Related Questions & Answers