ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Ritual Bow

Ritual Bow THE busy season starts, in the Reserve Bank's traditional thinking, on the 25th of October of every year and ends on the 15th of April of the next year. It is customary for the Reserve Bank to enunciate its policy for the busy season on November 1; the unimportance of the week's delay is possibly a measure of the irrelevance of the Reserve Bank's policy in influencing developments during the busy season, particularly in the context of the last three years' easy money policy.

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