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...
By Pratigya Vajpayee · Bloomberg Markets
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.