RBI revives FCNR(B) swap window for NRIs; can it replicate the 2013 inflow boom? Explained

3 hours ago 2

The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.

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RBI revives FCNR(B) swap window for NRIs; can it replicate the 2013 inflow boom? Explained

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