Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

Forex MCX India

Link Exchange

 
RTRS: Fed drains reserves via $25 bln 1-day reverse repo
 
NEW YORK, Oct 2 (Reuters) - The U.S. Federal Reserve said on Thursday it drained $25.0 billion temporary reserves from the banking system via a 1-day reverse repurchase agreement, according to the New York Fed Website.

Bids submitted for the operation totaled $89.45 billion.

Immediately after the operation, federal funds in the U.S. interbank lending market traded steady at 1 percent, below the 2 percent target rate the U.S. central bank sets. (Reporting by John Parry and Richard Leong; Editing by James Dalgleish)

Source