DUBAI / WAM Shamal Holding, the Dubai-based diversified investment firm, today unveiled Naïa Island Dubai, ...
Read More »India using yield curve control as rate cuts fail to deliver
Bloomberg India’s central bank is actively managing bond yields to keep borrowing costs in check, analysts say, after five interest-rate cuts last year failed to spur lending in the economy. The Reserve Bank of India’s (RBI) recent shift to targeted cash injections and credit easing contrasts with the central bank’s insistence that it only looks to smoothen liquidity and facilitate ...
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