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Mint India

financeCenter

6h ago

Dollar deluge from FCNR push to test RBI's liquidity drain toolkittranslating…

RBI’s dollar mobilization drive has far exceeded expectations, drawing $136.4 billion. But the inflows have also sloshed the banking system with liquidity, leaving the central bank with a problem of plenty, and no easy way to drain it without other costs.

Factuality

73/100

Political Bias

Center

Ownership

Mint Digital Media

Country

India

Region

Asia

Language

Hindi

Keywords#Dollar#FCNR#RBI's#drain#liquidity

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Dollar deluge from FCNR push to test RBI's liquidity drain toolkit | Pulse Aggregator