Money Market in Detail
By providing the appropriate instruments and partners for liquidity trading, the money market allows the refinancing of short and medium-term positions and facilitates the mitigation of your businessu2019 liquidity risk.
Also See: Reforms in Indian Money Market
- The banking system and the money market represent the exclusive setting monetary policy operates in.
- A developed, active and efficient interbank market enhances the efficiency of central banku2019s monetary policy, transmitting its impulses into the economy best.
- Development of the money market smoothes the progress of financial intermediation and boosts lending to economy, hence improving the countryu2019s economic and social welfare.
- Therefore, the development of the money market is in all stakeholdersu2019 interests: the banking system itself, the Central Bank and the economy on the whole.