India cbank bought 79.12 bln rupees of bonds through OMO on Dec 24
MUMBAI Jan 4 (Reuters) - The Reserve Bank of India bought 79.12 billion rupees ($1.44 billion) of bonds on Dec. 24 through outright open market operations, it said in a release on Friday.
However, there was no clarity on secondary market purchases by RBI in the week ended Dec. 28 in the release, which was in a new format.
($1= 55.1 rupees) (Reporting by Neha Dasgupta)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Trending On Reuters
The government made a push on Wednesday to bolster its strained finances, offering to sell a stake in miner Coal India and more mobile phone airwaves as it aimed to deliver on a promise to trim its fiscal deficit. Full Article