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Cash Reserve Ratio

2020-02-06 14:15
INR
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The Cash Reserve Ratio released by the Reserve Bank of India is the minimum reserves each commercial bank must hold against customer deposits. The rate is thought of as a tool of monetary policy, while indicating the strength in the economy. Generally speaking, a high reading is seen as positive (or bullish) for the Rupee, while a low reading is seen as negative (or Bearish).

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