Dollar Inflows | A Problem Of Plenty For RBI – Impact & Likely Steps:
-$136 bn FCNR(B) inflow means Rs 13 trillion extra system liquidity
-Will pull down call rate, repo rate & the entire yield curve
-Falling yields unwelcome when Inflation is rising & RBI is hinting at rate hike
-Possible tools to absorb excess liquidity: CRR hike, MSS (Market Stabilisation Bonds), OMOs (Open mkt purchase of bonds)
Latha Venkatesh with the details.
#reservebankofindia #rbi #rbiforexswap #rbiforexmobilisation #fcnrdeposits #foreigninflows #fcnrdepositfacility #dollarflows #fcnrdepositflows #dollardeluge #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
🔴CNBC TV18 LIVE TV:
SUBSCRIBE to our Channel:
———————————————————————————————————————
👑 Check Out Top CNBC TV18 Playlist Videos:
🔹
🔹
🔹
🔹
🔹
🔹
————————————————————————————
You can also connect with CNBC-TV18 News Online
Catch the latest news:
Follow CNBC-TV18 round the clock:
Stay updated with all the market action in real time:
You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis:
Like us on Facebook:
Follow us on Twitter:
Follow us on Instagram:
Catch us on: Linkedin:
n18oc_business
About CNBC-TV18: India’s leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.
source