RBI’s $239-Bn Dollar Bets May Cap Rupee Gains Despite FPI Inflows
Summary
Around USD 40 billion of the short position matures within a year, USD 56 billion in one to three years and the remaining USD 143 billion in three to five years. The longer-duration positions are largely linked to the FCNR (B) scheme, it added.
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RBI’s $239-Bn Dollar Bets May Cap Rupee Gains Despite FPI Inflows
Around USD 40 billion of the short position matures within a year, USD 56 billion in one to three years and the remaining USD 143 billion in three to five years. The longer-duration positions are largely linked to the FCNR (B) scheme, it added.
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