Contact Us: 01282 426380
KM Financial Solutions | India pumps in liquidity to ease cash crunch; bond markets rally
30356
post-template-default,single,single-post,postid-30356,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

India pumps in liquidity to ease cash crunch; bond markets rally

30 Sep India pumps in liquidity to ease cash crunch; bond markets rally

Posted at 05:47h in News by
0 Likes
The Indian central bank said on
Monday it would pump 360 billion Indian rupees ($4.95 billion)
into money markets in October in its latest attempt to stem
fears of a cascading credit crunch, pledging to buy back bonds
after the government dramatically reduced its own borrowing by
700 billion rupees on Friday.

No Comments

Sorry, the comment form is closed at this time.