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The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international reserves scaled by the monetary base and nominal exchange rate appreciation.Domestic credit, the...
Persistent link: https://www.econbiz.de/10008543092
Workshop organised by the State Bank of India]. …
Persistent link: https://www.econbiz.de/10005699208
The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...
Persistent link: https://www.econbiz.de/10005528200
India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman Broth- ers on 13/14 September 2008, the Indian money market immediately experienced considerable...
Persistent link: https://www.econbiz.de/10008512431
Securities Markets
Persistent link: https://www.econbiz.de/10005487712
The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].
Persistent link: https://www.econbiz.de/10005528173
Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is possible. A unique equilibrium where Asian EMEs sell their reserves does not exist but there are...
Persistent link: https://www.econbiz.de/10005699040
The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its …
Persistent link: https://www.econbiz.de/10005487587
, Bank Rate and CRR kept unchanged. * GDP growth forecast at around 8.0 per cent during 2006-07. * Inflation to be contained … Bank. * Authorised dealer banks may allow remittances on behalf of their customers up to 15 per cent of the average annual … Reserve Bank and those registered under the Multi-State Co-operative Societies Act, 2002 to be allowed to convert existing …
Persistent link: https://www.econbiz.de/10005699240
model, the results indicate that remittances along with debt, money supply (net of bank demand deposits) and income …
Persistent link: https://www.econbiz.de/10005025321