Money

Mechanism to reduce interest volatility fails

A mechanism introduced by the central bank to reduce interest rate volatility has failed to yield desired results with interbank lending rates continuing to see-saw, albeit deposit rates have gone up providing some relief to those who park money in banks. Mechanism to reduce interest volatility fails
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Rupak D. Sharma
Published at : December 6, 2016
Updated at : December 6, 2016 08:48
Kathmandu


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