Tag: Currency exchange
Record $10 Billion Dollar/Rupee Swap Auction by RBI for Liquidity Ease
The Reserve Bank of India (RBI) is gearing up for its largest-ever $10-billion dollar/rupee buy-sell swap auction on February 28 in a bid to tackle the persistent liquidity deficit in the banking system. This...
Asia’s Central Banks Face Risks from Dollar Forwards
Central banks across Asia are facing new challenges as they increasingly turn to derivatives to shield their currencies from a strong dollar. The Reserve Bank of India reported a record net dollar short forward...
Breaking News
JetBlue Airways Fined $2 Million for Unrealistic Scheduling – Times of...
JetBlue Airways Fined $2 Million for Unrealistic SchedulingThe US transportation department has imposed a $2 million penalty on JetBlue Airways for persistent delays on...
