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Forex Liquidity (The Hindu)

29th November 2008

Forex Liquidity (The Hindu)

posted in News |

Further, the RBI, which is presently providing forex liquidity to Indian public and private sector banks having foreign branches or subsidiaries, through forex swaps of tenors up to three months, has decided that this facility, which is available on request, will be made available up to June 30, 2009.

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