简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:In a statement, the central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market and has stepped in as needed in all its segments to alleviate dollar tightness with the objective of ensuring orderly market functioning.
Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar.
In a statement, the central bank said it has been closely and continuously monitoring the liquidity conditions in the forex market and has stepped in as needed in all its segments to alleviate dollar tightness with the objective of ensuring orderly market functioning.
The measures taken by the central bank comes in the backdrop of rupee depreciating by 4.1 per cent against the US dollar during the current financial year so far (up to July 5) amid the ongoing geopolitical tensions.
“In order to further diversify and expand the sources of forex funding so as to mitigate volatility and dampen global spillovers”, the central bank said it has decided to undertake five measures to enhance forex inflows while ensuring overall macroeconomic and financial stability.
The measures include easing norms for FPI investment in debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD 750 million or its equivalent per financial year to USD 1.5 billion.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
A Malaysian manager has suffered a devastating financial loss of RM651,800 after falling prey to a deceptive investment scheme via a Facebook advertisement that promised lucrative returns within a short timeframe.
A woman from Kuantan lost RM703,000 after falling for an investment scam linked to a platform called Quantedge Capital Co. Limited. The 47-year-old company manager believed she was investing in a legitimate opportunity shared with her through WhatsApp. Over the course of ten months, she transferred large sums of money but never received any returns.
A 69-year-old retired teacher and part-time contractor has lost more than RM700,000 after falling victim to an online investment scam advertised on Google.
Black Monday—the day when markets crashed and panic selling took over—reminds us that economic downturns are part of the investing cycle. While such days can trigger fear and uncertainty, being prepared with a well-planned strategy can help protect your hard-earned money. In this article, we’ll explore actionable tips on safeguarding your investments and overall finances during a market crash.