The response of central banks to provide short-term liquidity to markets was appropriate, International Monetary Fund managing director Rodrigo Rato said today.
"I think that the response of central banks to provide liquidity, short-term liquidity to the markets is an appropriate one to overcame the lack of liquidity among participants," Mr Rato said.
"As we understand, there will be some impact on growth, but we still belief that prospects for the world economy are good," he added
