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Rupee gains on FCNR(B) deposits reverse amid crude price spike: RBI report

Commercial banks mobilised $133 billion in FCNR(B) deposits after the RBI opened its concessional swap window in June, prompting the scheme to close a month early

Rupee gains on FCNR(B) deposits reverse amid crude price spike: RBI report

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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