{
  "id": 7477290,
  "title": "Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 15, 2026",
  "url": "https://urgent.news/2026/09/15/result-of-the-overnight-variable-rate-reverse-repo-vrrr-auction-held",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T05:14:04.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63589"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on September 15, 2026. The notified amount for the 1-day tenor was ₹5,00,000 crore. A total of ₹3,93,352 crore in offers were received, of which the same amount was accepted. The cut-off rate and weighted average rate were both 5.24%.\n\nIn other news, gold prices declined due to expectations of a US Federal Reserve interest rate hike. According to The Business Times, gold was trading around US$4,290 an ounce after falling over 1% in the previous session to a five-week low. This drop was attributed to prospects of higher energy prices stoking inflation, which has increased pressure on the Fed to raise interest rates.\n\nHigher borrowing costs are typically negative for gold, which does not pay interest. Oil prices rose after Saudi Arabia closed its East-West pipeline due to attacks, putting millions of barrels a day at risk. The 10-year Treasury yield briefly touched 5% for the first time in nearly three years on concerns over inflation and swelling government and corporate borrowing needs.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Gold Holds Losses as Higher Oil Stokes September Rate-Hike Bets",
        "url": "https://urgent.news/2026/09/14/gold-holds-losses-as-higher-oil-stokes-september-rate-hike-bets",
        "published": "2026-09-14T23:49:50.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold holds losses as higher oil stokes September rate hike bets",
        "url": "https://urgent.news/2026/09/15/gold-holds-losses-as-higher-oil-stokes-september-rate-hike-bets",
        "published": "2026-09-15T00:35:48.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}