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Essay

Monetary Policy

Essay specific features

 

Issue:

Business

 

Written by:

Agnes W

 

Date added:

December 1, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2047

 

Was viewed:

9452 times

 

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Essay content:

Moreover, key monetary and banking aggregates such as money supply, bank credit and aggregate deposits posted growth, well above their respective targeted growth rates. Thus, moderation in the monetary expansion in consonance with the outlook on growth and inflation to ensure macroeconomic and financial stability in future became top agenda for RBI...
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Price management, undoubtedly, is one of the biggest policy challenges facing the RBI now. With headline inflation based on the point-to-point wholesale price index at more than seven percent, maintaining price stability is of utmost importance. With elections to the Indian parliament drawing closer, much of the overall policy focus in the coming months will be on reducing prices...
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