 "What is Taper Tantrum?")
Taper Tantrum
About Taper Tantrum
What is Taper Tantrum?
What is tapering?
"Tapering", a phrase belonging to the world of monetary policy, refers to a central bank's strategy of winding up a quantitative easing programme used to purchase government debt and other assets to keep borrowing costs low.Tapering can be described as a plan to ‘wind down’ or ‘taper’ the Quantitative Easing (QE) or to gradually stop investing money into the economy and the banks. The central banking system does so by reducing bond purchases over an extended period to wean the economy slowly off the extra stimulus the purchases provide to avoid a nosediving.
What is Taper Tantrum?
In 2013,
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Latest Updates on Taper Tantrum
Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low
The rupee has depreciated 9.7 per cent against the dollar since September 2021
 "Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low")
Updated On : 26 Sep 2022 | 11:11 PM IST
India spending forex reserves at quicker pace than during taper tantrum
The Reserve Bank of India has sold a net of $38.8 billion from its forex reserves between January and July this year, data released on Friday showed
 "India spending forex reserves at quicker pace than during taper tantrum")
Updated On : 19 Sep 2022 | 7:48 PM IST
