Liquidity Disconnect
The Reserve Bank of India has recently flagged a troubling trend ~ rising asymmetries in the shortterm money market rates that threaten the effectiveness of monetary policy transmission.
The Reserve Bank of India has recently flagged a troubling trend ~ rising asymmetries in the shortterm money market rates that threaten the effectiveness of monetary policy transmission.
Prime Minister Narendra Modi wrote on Twitter, "Encouraging numbers, indicating our strides in logistics and economic momentum."
