The RBI swap shields banks from currency risk on the principal, while banks have to manage dollar interest payments themselves, leaving some exposed if the rupee weakens
<iframe src="https://hindustansphere.com/embed/cluster/fc0a90b038e97b032a73f7c24268a740b711a30f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="FCNR(B) deposits: Who bears the currency risk? | Explained"></iframe>
The RBI swap shields banks from currency risk on the principal, while banks have to manage dollar interest payments themselves, leaving some exposed if the rupee weakens
The RBI swap shields banks from currency risk on the principal, while banks have to manage dollar interest payments themselves, leaving some exposed if the rupee weakens
