According to Odaily, the usage of the Federal Reserve's overnight reverse repurchase (RRP) agreements continued to decline on Friday, reaching its lowest level in nearly four years. Approximately 22 counterparties deposited $58.8 billion through RRP, marking the lowest amount since April 2021. This is a decrease from the previous trading day's $67.8 billion. The number of counterparties also fell to its lowest since May 2020.