Tag
FCNR
3 articles
RBI's Early FCNR(B) Swap Closure Sends Rupee to 95.61, Lifts Bond Yields
Traders cut rupee and short-term bond positions after India's central bank ended its foreign-currency deposit swap window ahead of the Sept. 30 deadline.
India's Early FCNR Swap Closure Pushes Short-Tenor Bond Yields Higher
The RBI moved its diaspora-deposit hedging deadline to Aug. 31 after inflows topped $52 billion, lifting shorter-duration bond yields as banks lost a zero-cost hedge.
RBI Cuts FCNR Window a Month Early After $56.8B Floods In
India's central bank moves the FCNR(B) deadline to Aug. 31 from Sept. 30 after inflows across three channels hit $56.846 billion in just over two months.