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RBI's latest move may bring $85B in forex inflows
India could witness up to $85 billion in forex inflows, driven by the Reserve Bank of India's FCNR initiative and higher interest rates boosting deposit renewals.
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thehindu.com
RBI sees rupee as undervalued; FCNR(B) inflows cross $32 billion
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.
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RBI sees rupee as undervalued; inflows largely through FCNR (B) touch $32 billion
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.
