Tuesday, 20 August 2013

India central bank moves to boost liquidity



India's central bank has said that it will inject 80bn rupees ($1.3bn; £806m) into the country's banking system by buying long-term government bonds. It comes just days after the central bank tightened the money supply in an attempt to stem the rupee's decline. via Pocket http://www.bbc.co.uk/news/business-23776334#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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