India's Dollar Swap Window May Lift FX Reserves Toward Record
A poster depicting a U.S. one hundred dollar banknote, front, is displayed at a currency exchange booth in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

India's Dollar Swap Window May Lift FX Reserves Toward Record

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(Bloomberg) -- The Reserve Bank of India’s brand new liquidity-management tool -- a dollar-rupee swap window -- is likely to lift the country’s foreign exchange reserves toward record highs, helpin...
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