Monetary Policy « Ocean of LIFE!

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Monetary Policy- Just Pain, No gain: Critics By SS Bhalla

August 10th, 2008
Posted in Economy . Monetary Policy

Monetary authorities should not practise ideology, especially since monetarist ideology has been made obsolete by globalisation and development Let us examine why Mr Reddy’s policies are most likely to be wildly off the mark. With the CPI inflation rate around 7 per cent, Reddy increased the repo rate to 9 per cent, besides also increasing [ READ MORE ]

Monetary Policy: 2008

August 1st, 2008
Posted in Currency . Economy . Monetary Policy

MEASURES ANNOUNCED Repo Rate increased by 50 bps from 8.5 per cent to 9 per cent CRR to be hiked by 25 bps to 9 per cent with effect from August 30, 2008 Bank Rate kept unchanged at 6 per cent Reverse Repo Rate under the liquidity adjustment facility (LAF) kept unchanged at 6 per [ READ MORE ]

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