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foreign-currency deposits

Coverage of foreign-currency deposits in the Nexus archive.

Earliest in view: Aug 18 · 03:32 UTCMost recent: Aug 18 · 10:19 UTC
Co-mentioned in this coverage
Indiaplace2RBIorganization1Bankerstopic1economiststopic1traderstopic1Forex Deposittopic1Indian Rupeetopic1Bond Betstopic1Dollar Swap Windowtopic1
Recent coverage
  • BUSINESSAug 18 · 10:19 UTCBLOOMBERG
    RBI’s Forex Deposit U-Turn Exposes Wider Communication Gap

    A sudden decision by India’s central bank (RBI) to end a special incentive for attracting foreign-currency deposits was made ahead of schedule. This move caught bankers, economists, and traders off guard, raising questions about the effectiveness of its communication with market participants.

  • BUSINESSAug 18 · 03:32 UTCBLOOMBERG
    Indian Rupee, Bond Bets Retreat as Dollar Swap Window Ends Early

    Traders are reducing bets on gains for the Indian Rupee and short-term bonds following India’s decision to close early a special window. This action was implemented to draw foreign-currency deposits, catching market participants off guard.