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FX debate

FX debate

Testing times in the search for alpha

The world’s largest banks 2008

The world’s largest banks 2008

Guide to the leading banks across the globe by market capitalization

Tuesday, April 15, 2008

Reserve Bank of India to announce measures to control liquidity.





Reserve Bank of India to announce measures to control liquidity. According to the Business Times , Reserve Bank of India (RBI) Deputy Governor Rakesh Mohan stated last Wednesday that the RBI would soon announce new measures to control inflation. The annual monetary policy meeting of the RBI is scheduled for Apr 29. The RBI has raised its key policy rates nine times since Oct 2004 in order to control inflation. The government sold INR 40bn of Treasury bills and INR 50bn of bonds recently in order to drain off excess liquidity.







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