ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Indian rupee rises as RBI eases rules to boost foreign inflows
Bloomberg India’s central bank mounted a fresh defense of the beleaguered rupee, announcing a raft of measures to boost foreign-exchange inflows, that analysts said may not immediately result in large capital flows. The steps include doubling borrowing limits for companies from overseas to $1.5 billion during a financial year, temporarily removing any interest-rate ceiling for banks to attract deposits …
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