Ten risks from record FCNR(B) inflows that India may face
As the FCNR(B) deposits represent liabilities that mature in three to five years, the reserve accretion also creates future dollar repayment obligations. The risks extend from external debt and the current account to the RBI's balance sheet, domestic liquidity and future foreign-exchange management.
Key takeaways
- Category: Sector.
Why it matters
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