RBI to fully absorb forex risks, inflows may see $50bn boost

CJPN24 AI Desk2 min read
RBI to fully absorb forex risks, inflows may see $50bn boost
RBI to fully absorb forex risks, inflows may see $50bn boost
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📋 News Brief — Summary from The Times of India. Read the full story below.

MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk itself to draw in overseas money, while nudging state-owned borrowers to look abroad for cheaper funds.

RBI will not charge any premium for swapping dollars rais..

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