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  1. HSBC has assessed the effectiveness of Indian financial policy, noting that policy actions have improved the Balance of Payments by over $30 billion.
  2. The Reserve Bank of India rolled out new measures aimed at attracting foreign capital to bolster the nation's balance of payments.

RBI closed its concessional swap window and implemented measures to bolster India's balance of payments.

2 reports, 2 independent Updated Aug 17
Gone quiet Reached 2 outlets in its first 24 hours
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RBI closed its concessional swap window and implemented measures to bolster India's balance of payments.

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  1. RBI's swap facility closure is now affecting demand for FCNR(B) deposits.Sub-event
  2. RBI closed the concessional swap window as part of measures to bolster India's balance of payments.1 source

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