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RBI goes for ‘operation twist’ again

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To force the rate of interest in the economy to come down, the RBI on Thursday said it would buy government securities (G-Secs) of 10-year tenure and at the same time sell government bonds of up to one-year tenure, both worth Rs 10,000 crore each.

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RBI goes for ‘operation twist’ again RBI goes for ‘operation twist’ again Reviewed by Space encyclopaedia on December 26, 2019 Rating: 5

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