India Faces Cash Crunch: RBI Considers Injecting More Liquidity into the Economy
2 months ago
In the wake of a significant cash crunch affecting its economy, the Reserve Bank of India (RBI) is actively contemplating measures to enhance liquidity in the financial system. This decision comes amid growing concerns over the sustained decline in currency circulation, which is putting pressure on various sectors that rely heavily on cash transactions.
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China's Central Bank Boosts Short-Term Liquidity Amid Cash Crunch
2 months ago
The People's Bank of China (PBOC) has taken significant measures this month, injecting a substantial amount of short-term funds into the financial system as the country grapples with a liquidity crunch. This move is aimed at stabilizing the financial markets and ensuring that there are sufficient funds to meet the demands of various sectors as they face mounting pressures.
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