RBI introduces measures to boost dollar inflows as rupee weakens

RBI introduces measures to boost dollar inflows as rupee weakens. The central bank has rolled out several measures to attract more foreign currency inflows amid persistent rupee depreciation against the $1 = ₹83.50 level. These include easing rules for External Commercial Borrowings and promoting NRI deposits. The move aims to strengthen forex reserves, currently at $620 billion, and stabilize volatility ahead of upcoming F&O expiry.
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