Wave of foreign money threatens RBI stranglehold on rupee – Mint
Wave of foreign money threatens RBI stranglehold on rupee – Mint
For most of this year, the Reserve Bank of India has capped foreign exchange gains, with global investors investing around $ 50 billion in stocks and stakes in companies. This has increased rupee liquidity in a banking system that is already overflowing with liquidity thanks to the RBI’s stimulus measures. There is a growing consensus […]
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