ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Forex MarketSubscribe to Forex Market

Growth vs Inflation Control

The reduction in the Bank rate and in the cash reserve ratio effected in the latest credit policy statement may appear small, but what is significant is the signal conveyed to the market that the policy of supporting investment by providing adequate liquidity and a softer interest rate environment will continue.

RBI Intervention in the Forex Market

The use of a binary dependent variable framework for estimating the impact of daily forex market interventions by central banks is well known in developed countries. However, there are practically no such studies for developing countries, including India. This paper attempts to model the patterns and consequences of RBI's daily intervention in the forex market in a simple binary dependent variable framework

Financial System in Crisis

The travails of the financial system have a complex origin. Most critically, policy planners, overwhelmed by past ailments, have allowed banks and financial institutions to neglect their basic functions of extending commercial credit, prudential norms and other reform measures notwithstanding.

Fiscal Turnaround

Moderate market borrowing relative to the budgetary target and consistently modest use of ways and means advances from the RBI point to an impressive turnaround in the central government's fiscal position in the current year.
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