RBI has opened up G-secs of 5-, 10- and 30-year maturity to non-residents and raised FPI corporate bond limit by $30bn. RBI can sell $30bn of FX to stabilise INR. It will also try to augment FX reserves to guard against contagion
from The Financial Express https://ift.tt/3dHREbn
Wednesday, April 1, 2020
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