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India’s RBI Offers Discounted FX Swaps at 1.5% to Draw Inflows | Collector
India’s RBI Offers Discounted FX Swaps at 1.5% to Draw Inflows
Bloomberg Markets

India’s RBI Offers Discounted FX Swaps at 1.5% to Draw Inflows

The Reserve Bank of India will offer state-run firms a concessional foreign exchange swap facility, allowing them to hedge overseas borrowings at roughly half of the prevailing market costs, according to some analysts.

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