The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.
Rising debt levels and the expanding use of sanctions in foreign policy have triggered debate over the long-term strength of the US dollar as the world’s reserve currency.
The RBI has clarified how its FCNR(B) swap facility will work, answering questions on loans against deposits, ECB eligibility ...
Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency Fitch ...
RBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRIs and lower hedging costs for lenders create a win-win.
Dr. Thani Al Zeyoudi, UAE Minister of Foreign Trade confirmed that the nation is in talks with the US over a currency swap line. Thani Al Zeyoudi, UAE Minister of Foreign Trade, has confirmed that the ...
FAB says dollar swap plan is precautionary, backed by strong UAE fundamentals Dubai: Discussions over a potential currency swap line between the UAE and the US have drawn scrutiny this week, with ...