The dollar deluge that RBI is faced with has also hauled in a new tide of woes

Mint has reported a new India-focused economy development: “The dollar deluge that RBI is faced with has also hauled in a new tide of woes.” The publisher's feed describes the story as follows: Despite India’s Reserve Bank ending its scheme for FCNR(B) deposits a month ahead of schedule, the dollar inflows it sought topped $127.2 billion. If RBI now finds itself between a rock and a hard place, it is largely on account of its own errors of judgement. Intellectual Janata Party includes this ite
Intellectual Janata displays only original summaries of externally sourced news and links readers to the original publisher.


