Market stability allows Reserve Bank to step back from buying government bonds

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इंडिया समाचार समाचार

Deputy governor Fundi Tshazibana tells of resumption of market activity

Improved market conditions were behind a substantial slowdown in the purchase of government bonds by the Reserve Bank in June, deputy governor Fundi Tshazibana told Business Day on Tuesday.

The Bank bought R5.1bn worth of government securities in June — about half what it bought the previous month — through the bond buying programme launched in March to smooth the functioning of the local market after a sell-off and dislocations in the wake of the Covid-19 outbreak and and ahead of the loss of SA's last remaining investment-grade credit rating.

 

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:

 /  🏆 12. in İN

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