Tag: global pact

  • RBI seeks global pact to curb ‘beggar my neighbour’ policies

    RBI seeks global pact to curb ‘beggar my neighbour’ policies

    Mumbai:(IANS) The RBI said on Tuesday called for guidelines to curb central banks globally adopting unconventional monetary policies and seeking exchange rate or financial market interventions to restore growth which may have large adverse spillover effects on others, which then could resort to aggressive policies to gain even small positive domestic effects. “Perhaps instead, countries…