Central banks around the world have suffered financially from the combined effects of large asset-purchase programs conducted when inflation was low and quickly rising interest rates after the pandemic.
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes
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