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India Has Adequate Forex Reserves To Meet FCNR(B) Repayments: RBI Governor

India Has Adequate Forex Reserves To Meet FCNR(B) Repayments: RBI Governor
Photo: Free Press Journal · view original

Reserve Bank of India (RBI) Governor Sanjay Malhotra has said India holds sufficient foreign exchange reserves to meet repayment obligations under Foreign Currency Non-Resident (Bank), or FCNR(B), deposits despite uncertainty in global financial markets. Speaking at a media summit, Malhotra expre...

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