Tag: local currency
Posted in Economy
RBI exempts bank swap deals from net unhedged FX exposure norm
Kolkata: The swap deals done by banks with the Reserve Bank of India for the money raised through foreign currency deposits, external commercial borrowings and…
Posted in Economy
RBI wants rupee internationalisation to support developed economy goal
The internationalisation of the Indian Rupees has already commenced with exporters invoicing in the local currency and it is likely to see a surge in…