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Why RBI needs to keep healthy distance from the government

.RBI generates revenues primarily via seigniorage. It prints money and distributes it through banks, or credits banks with electronic reserves, to help settle transactions in the economy. Typically, it does not pay interest on the currency or reserve liabilities. At times, it also makes money by buying dollars when the rupee is strong and selling them when the rupee is weak. It incurs costs, too, an important one being that of printing and replacing currency notes.

Winners of Al Hussein Awards for Economic Research honoured

AMMAN Winners of Al Hussein Awards for Creativity and Excellence were honoured by Central Bank of Jordan (CBJ) Governor Adel Sharkas during a ceremony held in Amman on Tuesday. Adel Sharkas, who also chairs the board of directors of the King Hussein Fund for Creativity and Excellence, awarded the winners of the second edition of economic research for the year 2022. 

Un documento de la Fed sugiere que podría endurecer su política monetaria

Un documento de la Fed sugiere que podría endurecer su política monetaria
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