Question

briefly discuss open market transaction and moral suasion in promoting growth and development in south Africa ​

Answer 1

Answer:

By the end of this section, you will be able to: Explain the structure and ... Discuss how central banks impact monetary policy, promote financial stability, ... This section briefly explains the organization of South Africa's central bank ... Let's see how open market operations can reduce the quantity of money.

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Answer 2

We are required to discuss the open market transactions and moral suasion which help to promote growth and development in South Africa.

• The SARB or the Reserve Bank of South Africa manages the liquidity in the money market.
• To maintain and control the amount of cash flows the Reserve Bank issues debentures, uses the reverse repo rates, and moves public sector money in the market for money management purposes.
• So these are known as open market transactions.
• Moral suasion means actions other than coercion or force which is used.
• Persuasion, appeals, or even threats to make a person act in a certain way are moral suasion.

PROJECT CODE: #SPJ3