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Money Market

Money Market

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Published by sachin

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Published by: sachin on Dec 05, 2008
Copyright:Attribution Non-commercial

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05/26/2013

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WHAT IS MONEY MARKET?
 The Money Market is a market forovernight to short-term funds, andfor short-term money and financialassets that are close substitutes of money.
 
 
MONEY MARKET IN NATIONALECONOMY:
 
 The money market is an integral part of theeconomy and it plays a vital role in thedevelopment of the economy. This is endorsed bythe fact that in the less developed countries,money market too is undeveloped. Consequently,in the absence of well-developed money marketin these countries great difficulty is experiencedin pooling funds large enough to finance privateenterprise..

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