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Breaking Posted 4 hours ago

RBI Allows Lending Against Forex Deposits to Boost Inflows

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India's central bank has approved loans against foreign-currency deposits under its special inflow program, removing a previous restriction. The measure aims to increase bank participation and attract more dollar inflows into India. USD/INR traders should monitor potential rupee strength if the policy successfully boosts forex reserves.
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@asuquokelvin · 3 hours ago

More dollars coming in. INR could strengthen a bit

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