For those that had no idea what repo is because finance isn't in your DSL:
> Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.
Also, I just got back from an art show where a real banana and duck tape sold for $120,000, 3 times. I'm not making this up. Apparently, money is meaningless.
> Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.
Also, I just got back from an art show where a real banana and duck tape sold for $120,000, 3 times. I'm not making this up. Apparently, money is meaningless.