In its last bi-monthly monetary policy, the bank had kept the repo rateunchanged at 6.5 percent. With no change in the rates, the repo rate remains at 6.50 percent while the reverse repo rate stands 6.25 percent.
The Central Bank of the Republic of Turkey (CBRT) will continue to effectively use all policy instruments at hand to maintain price stability in 2019, according to its new fiscal and monetary policy for the new year announced Wednesday. The reverse repo rate is used by the monetary policy committee as a tool to control the money supply in the country.
While the Statutory Liquidity Ratio now remains unchanged at 19.5%, the RBI has said it will be gradually reduced to 18% over the next six quarters.
The SLR is being cut in order to align it with the Liquidity Coverage Ratio (LCR) requirement. Currently, SLR stands at 19.5 per cent. SLR refers to the share of bank's total deposit that it needs to maintain itself as liquid assets.
The central bank has retained the GDP growth projection for 2018-19 at 7.4 per cent. It also means "we are not bound to increase interest rates every meeting, because that's not needed", RBI Governor Urjit Patel had explained in the previous meet.
Over the past five years, annual inflation saw its lowest level in April 2013, with 6.13 percent, and its highest level this October.
The MPC, which takes the decisions on the key interest rates, has six members, three of which are members of the RBI, while the rest are appointed by the Government of India.
Inflation projection lowered: Inflation has been projected at 2.7-3.2 per cent for second half of FY2018-19 and 3.8-4.2 per cent for the first half of FY 2019-20, with risks tilted to the upside. This may inject almost ₹65,000 crore of liquidity into the system.
The RBI also announced an auction of a 12-day Government of India Cash Management Bill.
Cardi and Offset started dating in early 2017, and by October he publicly proposed to her at the Powerhouse concert in Philly. Fans expressed their dismay on Instagram over the news, with some urging the star to not give up on her relationship.
The 29 year-old lefthander is coming off a season in which he went 11-7 with a career low 3.15 ERA (70 ER/200 IP) and 1.05 WHIP. The Nationals have a chance to re-sign Harper and pair Corbin with Max Scherzer in the rotation.
He was killed in what USA officials have described as an elaborate plot as he visited the consulate for marriage paperwork. Human rights groups say the war is wreaking havoc on the country and subjecting civilians to indiscriminate bombing.
He also has 48 total tackles on the season and one sack. "Being here for 11 seasons, I was always getting the crowd loud". The line got three penalties for holding, two for false starts and one for an illegal block.
Kylian Mbappe has revealed that he was close to joining Premier League side Arsenal before he joined Paris Saint-Germain. Emery was sacked by PSG in the summer but Mbappe's move was made permanent for around £166m.
On Saturday , Trump and Chinese President Xi Jinping agreed to hold off on future tariffs until March 1. The lack of specificity is not limited to the promise that China will purchase more agricultural goods.
In addition to the national championship he won in 2014, Meyer won two previously with the Gators by winning the BCS championship. Recruitment: Ohio State's battle for Young came down to the local school, Maryland , and another national power in Alabama .
Imagine Dragons is Spotify's most-streamed group for 2018, but K-pop sensation BTS also enjoyed plenty of global listening. Post Malone, XXXTENTACION, J Balvin, and Ed Sheeran, who held the top spot a year ago , rounded out the Top 5.
The reason for being pushed off the platform were alleged as fraud claims against the developers. Are you surprised that Google removed a Cheetah app? Give us your thoughts in the comments!
Jon Rahm wins in Bahamas, ends year with 3 titles
So I guess I should be a little bit fresher than some of my colleagues who call me from Hong Kong or somewhere else at this point. Patrick Reed went from equal first to almost last with a 77 that left him eight shots back at Albany in the Bahamas.
Yemen: UN brokers prisoner swap pact with Houthis
UN Under-Secretary-General for Humanitarian Affairs, Mark Lowcock , has said that the talks are not likely to be easy or quick. Yemen has been wracked by violence since 2014, when the Houthi rebel group overran much of the country.
Nigel Farage announces he is leaving UKIP
The former leader said he had made the decision because he is uncomfortable with the direction Ukip has taken in recent months. Ukip said the December 9 march had not been organised by the party, but added: 'Members are free to attend should they wish'.
Alaska Railroad assessing quake damage
Most of the borough's schools will also be closed until Wednesday, the Matanuska-Susitna School District said. Its closest section is 120 miles (193 kilometers) from the epicenter of the seismic activity.
Falcons’ free-fall continues as offense shut down in loss
Beasley punctuated the score by slam dunking the ball over the goalpost, thus incurring an unsportsmanlike conduct penalty. I don't get the sense that he's like, 'I've got to get out there, even if I'm on my death bed.' It doesn't feel like that.