Mumbai: The Reserve Bank of India has taken its biggest liquidity-tightening step in years, selling government bonds worth Rs 50,000 crore through an open market operation. The auction on September 17 marked the first comparable net debt sale since November 2017. But why did the central bank act now, and what does it mean for borrowers, depositors and financial markets? Why Did RBI Sell Bonds?…
SHANGHAI: China stock benchmarks are on track to log their best day in a month on Friday, while Hong Kong shares also gained, as traders expect trade tensions to ease after next week’s meeting between…
Reserve Bank governor Michele Bullock said inflation in Australia was “too high” as she prepares to consider lifting interest rates for the fourth time this year.
Reserve Bank governor Michele Bullock said inflation in Australia was “too high” as she prepares to consider lifting interest rates for the fourth time this year.
The central bank raised rates on Friday (Sep 18) to a 31-year high of 1.25 per cent, pressing ahead with policy normalisation as inflation risks remain elevated.
The central bank raised rates on Friday (Sep 18) to a 31-year high of 1.25 per cent, pressing ahead with policy normalisation as inflation risks remain elevated.
