The RBA is trying to un-stick a market gummed up by coronavirus fear – but there's only so much it can do

  • 📰 The Guardian
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Australia’s central bank has thrown almost $15bn into credit markets and plans to spend more, but will it work?

Since Friday, the Reserve Bank of Australia has thrown almost $15bn into credit markets in a bid to get them moving again.Amid stockmarket mayhem on Monday, the RBA made it clear it was ready to spend up big – no number has yet been set – by buying government bonds, injecting Australia’s banks with the cash craved by executives running scared because of the coronavirus pandemic.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 84. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Australian stock market: mayhem as ASX200 tumbles 9.7% on coronavirus fearsIn biggest one-day fall in decades, 30% of the value of shares has been wiped from the index in less than a month due to coronavirus-inspired panic selling People are so dumb. Result of poor education. Chill the eff out everyone. Many of your have probably already recovered from the Wuhan Virus and didn't even know it Didn't you guys already post this a couple of times last week?
स्रोत: The Guardian - 🏆 84. / 53 और पढो »