FINANCE The Reserve Bank conducts market operations in order to effects its monetary
January 3rd, 2018
The Reserve Bank conducts market operations in order to effects its monetary policy objectives. Which of the following best describes the Reserve Bank’s market operations?A:Market operations may be conducted to neutralise offical FX transactions.B:Reserve Bank market operations target the overnight cash rate.C:Market operations affect day-to-day system liquidity.D:All of the given answers.Cheers