....The Reserve Bank should examine whether the depreciation of the rupee has anything to do with the large-scale forex transactions in the recent period. The heavy repo transactions need to be examined to find out their destinations. Treasury earnings can be sizeable on large transactions, even if the margins are small. The excess SLR (statutory liquidity ratio) investments and large bid-cover ratios at the Treasury Bill auctions do not support the claim of any shortage of liquidity in the market......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment