For Quick Alerts
For Daily Alerts

Govt could opt for NRI Bonds to encourage dollar inflows

By Religare
Govt could opt for NRI Bonds to encourage dollar inflows
In order to attract overseas funds, government has decided to come out with Non-resident Indian (NRI) bonds.

Speaking about the government's stance on floating NRI bonds, Raghuram Rajan, Chief Economic Advisor, said, "We will be looking at all options for safe financing of CAD.... It is still early days."

The NRI Bonds, as a way of raising foreign exchange, assumes significance in view of the falling value of rupee, which today touched an all time low of Rs 58.50 to a dollar.

Read more about: nri nri bonds
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more