If the central bank is embarking on the path of rate tightening and liquidity normalization, it should ‘say it openly’ instead of holding the reverse repo rate, says Varma.from Economy-News-Economic Times https://ift.tt/9RsxtQZ
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Friday, February 25, 2022
Not raising reverse repo rate could make the benchmark ‘irrelevant’: Prof JR Varma
If the central bank is embarking on the path of rate tightening and liquidity normalization, it should ‘say it openly’ instead of holding the reverse repo rate, says Varma.from Economy-News-Economic Times https://ift.tt/9RsxtQZ
via
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