RBI Permits Residents to Conduct Foreign Currency-Rupee Swaps Transactions with Multilateral Bodies - 06.11.2015

Reserve Bank of India (RBI) has permitted domestic entities to conduct foreign currency-rupee swaps with multilateral agencies and allow hedging of loans. RBI also said government need to be a shareholding member at the multilateral or international financial institutions for the swap to go through.

Tags : RBI Foreign Currency-Rupee Swaps Transactions

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