From my understanding the VRR is usually lower than repo rate to inject liquidity into banking system. But now, the VRR is greater than repo rate which is counter intuitive. Can anyone help me with why this is the case
From my understanding the VRR is usually lower than repo rate to inject liquidity into banking system. But now, the VRR is greater than repo rate which is counter intuitive. Can anyone help me with why this is the case