Control over financial stability

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    Thin line in motive for open market operations: Subbarao 01 February 2012

    When central banks conduct open market operations (OMOs) driven by a need to provide liquidity to support government borrowing or reduce yields rather than for liquidity management, it "becomes a case of acquiescence in fiscal dominance," India's central bank chief...

    Keywords: OMOs, Open market operations, Indias Central Bank chief, thin line

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