What are Open Market Operations?
Others answers (1)
- eAnswers...Oct 11, 2013
Open Market Operations is the process in which the cenral banks of a country buy or sell government bonds on the open market, this is done in order to make some good changes in the short term interest rate and the supply of base money in an economy. The ultimate gole of such oeration is to improve the economocal conditions of a country.
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