RBI’S measures for boosting foreign currency inflow
In wake of the global recession and rising INR to USD exchange rates, the Reserve Bank of India (“RBI”) has announced certain temporary and transitory measures to liberalise and boost the inflow of foreign currencies into India. These measures aim to diversify and expand the sources of foreign exchange funding so as to mitigate volatility and dampen global spill overs, while keeping in mind India’s macroeconomic and financial stability.
To read further details, please refer to the below document.
For further details, please contact [email protected]
