In dollar swap, the RBI buys dollars from banks for three years and offers them rupees in return. The tool was introduced in March to bridge the liquidity gap.from Moneycontrol Business News http://bit.ly/2ZtFtI4
Thursday, April 25, 2019
Lower hedging cost makes borrowing in dollars attractive for companies, says Bank of America
In dollar swap, the RBI buys dollars from banks for three years and offers them rupees in return. The tool was introduced in March to bridge the liquidity gap.from Moneycontrol Business News http://bit.ly/2ZtFtI4
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