FCNR-B inflows could cost RBI around ₹2 lakh crore in hedging costs: Analysts

RBI is willing to bear the cost of offering concessional currency swap rates to make its special foreign-currency mobilisation scheme more attractive. But whether the final cost is higher or lower than the current ₹2 lakh crore estimate will depend on several factors, including how the rupee moves against the US dollar over the next 3–5 years.
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- Category: Economy.
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