Tag: rupee liquidity
Posted in Economy
RBI cuts FX swap window short after NRI deposits cross $50 billion
Mumbai: Strong inflows from a foreign deposit drive prompted the Indian central bank to cut short a zero-cost FX swap facility for banks, with policymakers…
Posted in Economy
RBI’s net short position rises to $77 billion in Feb as it defends rupee
Mumbai: The Reserve Bank of India’s (RBI) net short position stood at $77 billion in February, versus $67 billion in the previous month, as the…