Define Open Market Operation.
Answers
Answered by
1
An open market operation is an activity by central bank to give liquidity in its currency to a bank or a group of banks . the central bank can either buy or sell government bonds is open market .
Answered by
3
Explanation:
Open Market is an unrestricted open economic system with free access by buyers and sellers. Open market operations include the buying and selling of anything that contributes towards the economy of the country without any barriers of tariffs, taxes, Licensing requirements, unionization, subsides, and any activity that interfere the open market operation. The rates of the products or commodities or anything that is being traded is the price that is set by the balance of buying and selling of those products in the open market. The demand of any product in the open market can change the price of that product and vice versa.
Similar questions