Open market operations are an important part of a central bank's duties in implementing monetary policy and managing the money supply. How Do Open Market Operations Affect the Money Supply?
3dOpinion
Given the sharp and continuous depreciation of the rupee, the RBI had to sell dollars and buy rupees in the spot market. By ...
The Federal Open Market Committee meeting started Tuesday and will culminate with a written policy statement and press ...
Anbarasu: Now I clearly get it. Okay, now tell me what OMO is. Nallasivam: You see, OMO or open market operations are one of the tools at RBI’s disposal to control the money supply in the economy.
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