Tag: FCNR deposits
Posted in Economy
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
Posted in Economy
For a few dollars more: Inflation bypass can hurt
It is a bit of a puzzle for a Monetary Policy Committee with an inflation-targeting mandate to unanimously vote for keeping policy rates and stance…