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In a strong indication of ample demand for liquidity, the Reserve Bank of India (RBI) received bids worth Rs 1.32 lakh crore in its Rs 50,000 crore open market operation (OMO) auction more than double ...
The Central Bank of Nigeria, CBN, conducted its open market operations on Tuesday, where OMO bills worth N756.74 billion were allotted to authorised market participants—foreign investors and ...
The immediate past Deputy President of the 9th Senate, Senator Ovie Omo-Agege is in a dilemma over whether to remain with All Progressive Congress (APC) or rejoin the Peoples Democratic Party (PDP ...
India’s central bank cut down on short positions in its dollar forward book as it likely let some of the contracts mature. The net-short dollar book stood at $64.2 billion in March, after ...
Zee Business Managing Editor Anil Singhvi pointed out that this is the fifth open market operation (OMO) announced by the RBI since January 27. OMO - primarily is the monetary policy tool used by the ...
The Reserve Bank of India’s (RBI) open market operation (OMO) purchase of government securities to inject liquidity is likely to support bond yields, which have ...
The RBI has been conducting OMO purchase auctions since late January 2025 to infuse liquidity into the banking system. Liquidity in the system turned into deficit in Q4FY25 mainly due to seasonal ...
After serving Rider through a pandemic, ongoing financial deficits and multiple lawsuits, President Gregory Dell’Omo is hanging up his hat on July 31, closing out a decade-long run. In the final weeks ...
Given the acrimony that trailed Omo-Agege’s emergence as Numero-uno in the APC, it was not surprising that a number of party officials who despised the fact that he also took the gubernatorial ...
This comes after the central bank infused Rs 1 lakh crore in March through two OMO purchases of Rs 50,000 crore each. Additionally, the RBI conducted a $10 billion dollar-rupee buy/sell swap auction ...
The Reserve Bank of India (RBI) on Tuesday received bids exceeding twice the notified amount in its open market operation (OMO) purchase from banks. The apex bank got bids worth more than Rs 1.01 ...
Years ago in Orlando, Ryan Ratino was fueling the rocket that would launch him into other markets, logging time in places like Waldorf Astoria’s Bull & Bear and Todd English’s BlueZoo at the ...
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