{"id":622152,"date":"2023-12-12T10:55:06","date_gmt":"2023-12-12T05:25:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=622152"},"modified":"2023-12-12T12:35:33","modified_gmt":"2023-12-12T07:05:33","slug":"omo-sales-unlikely-in-dec-jan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/omo-sales-unlikely-in-dec-jan\/","title":{"rendered":"OMO sales unlikely in Dec-Jan"},"content":{"rendered":"<p>The Reserve Bank of India (RBI) is unlikely to conduct open market operation (OMO) sales in December and January. Experts say possibilities of OMO sales in the current and the next month are low, and that the central bank will resort to such sales only in the case of a sustained and notably-high liquidity surplus. <\/p>\n<p>\u201cThere is a low probability of OMO sales by the RBI in December and January. Structurally, liquidity will stay low with the expected rise in currency in circulation and advance tax payments,\u201d said Debopam Chaudhuri, chief economist at Piramal Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) is unlikely to conduct open market operation (OMO) sales in December and January. Experts say possibilities of OMO sales in the current and the next month are low, and that the central bank will resort to such sales only in the case of a sustained and notably-high liquidity surplus. \u201cThere is a low probability of OMO sales by the RBI in December and January. Structurally, liquidity will stay low with the expected rise in currency in circulation and advance tax payments,\u201d said Debopam Chaudhuri, chief economist at Piramal Group.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-622152","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=622152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/622152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=622152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=622152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=622152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}