Repo rate reverse repo rate
18 Dec 2018 The opposite of repo rate is reverse repo rate. This is the rate at which RBI borrows funds from other banks for the short term. Here, RBI sells 2 Feb 2020 The People's Bank of China (PBOC) said on its website that it was lowering the 7- day reverse repo rate CN7DRP=CFXS to 2.40% from 2.50%, The reverse repo rate is the rate at which the banks park surplus funds with reserve banks, while the repo rate is the rate at which the banks borrow from the central