RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on October 05, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Monday, October 05, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 11:30 AM to 12:00 Noon October 06, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press…
The Reserve Bank of India will conduct a second Variable Rate Reverse Repo auction on October 5, 2026, with a notified amount of ₹50,000 crore and a tenor of one day. The auction window will be open from 11:30 AM to 12:00 Noon, and the date of reversal is October 6, 2026.
In other news, gold prices rose on Monday following recent soft economic data that lowered expectations of a Federal Reserve rate hike in October. According to Business Recorder and New Straits Times, spot gold was up 0.4% to $4,158.17 per ounce, while US gold futures for December delivery rose 0.6% to $4,186.40. The US job growth slowed more than expected in September, and traders now see a 22% probability of a Fed rate hike in October.
The US central bank raised its benchmark overnight interest rate by 25 basis points to the 3.75%-4.00% range last month, its first rate increase in three years. Meanwhile, Yemen's Saudi-backed government launched a major military campaign to recapture areas controlled by the Iran-backed Houthis, which may impact gold prices.
Brief written by urgent.news from Reserve Bank of India, Business Recorder, New Straits Times — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- RBI likely to hike repo rate by 25 bps to 5.50% in October policy: ET Poll economictimes.indiatimes.com
- Markets bet on RBI rate hike as inflation pressure builds investing.com
- Gold gains as October Fed rate hike prospects fade brecorder.com
- Gold gains as October Fed rate hike prospects fade nst.com.my
- Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 05, 2026 rbi.org.in
