The RBI offered to inject as much as $14 billion cash through one- and three-year funding operations, akin to the long-term repos put in place by the European Central Bank under Mario Draghi. Draghi is credited with rescuing the euro from disaster at the height of its debt crisis.
from Times of India https://ift.tt/38hmK6N
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Thursday, February 6, 2020
RBI governor adopts Draghi playbook
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