RBI exempts FCNR (B) deposits, ECB swaps from forex position limit - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI exempts FCNR (B) deposits, ECB swaps from forex position limit

The RBI has launched concessional forex swap facilities for FCNR deposits and external commercial borrowings, while easing regulatory requirements to attract foreign currency inflows and support the rupee.

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