Financial market reforms - approach and expectations
5 September 2022 · Shaktikanta Das , Governor of the Reserve Bank of India (India)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , development and emerging economies
SD 5 Sep 2022 · Shaktikanta Das Wiki · Reserve Bank of India Wiki Financial market reforms - approach and expectations Context Address at the annual event of FIMMDA, India's fixed income and money market dealers association; the Reserve Bank of India keeps inflation in check and reforms financial markets.
Why it matters Das links credible targeting to deeper bond and currency markets.
Problems raised Financial markets must keep developing. Reforms need market participants' follow-through. Inflation must be contained. Solutions proposed Use flexible inflation targeting for credibility. Carry forward financial market reforms. Work with market bodies like FIMMDA. Read full speech on bis.org ↗ More from Shaktikanta Das · Reserve Bank of India · all speeches
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