To ensure that the effects of the Covid-19 pandemic on the Indian economy are mitigated and that financial markets and institutions continue to function normally, the Reserve Bank of India on Monday said it will once again conduct a sell/buy swap auction worth $2 billion to provide dollar liquidity. It will persist with longterm repo operations (LTROs) to infuse long-term rupee liquidity amounting to ₹ 1 lakh crore.
While there was speculation in the financial markets that the RBI would announce an inter-meeting repo rate cut in sync with what some of the other G-20 central banks have done to prop up their economies, Governor Shaktikanta Das said the RBI’s effort is to see that its responses are neither premature nor delayed.
この記事は The Hindu Business Line の March 17, 2020 版に掲載されています。
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この記事は The Hindu Business Line の March 17, 2020 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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