RBI to conduct simultaneous sale-purchase of govt securities next week

Reserve bank of India

The RBI on Thursday announced it will conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for Rs 10,000 crore each on January 7, 2021.

The decision was taken after a review of current liquidity and financial conditions, the Reserve Bank said in a statement.

News Source:- Moneycontrol

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