Month: August 2020

Policy Reponse of Central Banks across the world to Covid-19

Central Banks across the world have taken proactive steps to tackle the economic stress caused by Covid-19. These steps have included liquidity measures, lowering of interest rates, temporary relaxations in regulatory requirements for lending institutions. List of some important steps taken by central banks (till July 31st) of few major economies and India’s neighbours is presented below : Source: These steps have been compiled using data available on IMF’s website.

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