Reserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the rupee, reviving a strategy last used decades ago. The proposal, still in early stages, may involve bonds with around five-… For the full story, visit the source.
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RBI mulls new move using foreign bonds to prop up rupee
Reserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the rupee, reviving a strategy last used decades ago. The proposal, still in early stages, may involve bonds with around five-…
By Bhaskar Dutta· The Times of India· 1 day ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India