Dollar shortage may hit companies with overseas currency borrowings https://ift.tt/sm5HFjK the increase in risk aversion and impact of monetary tightening, corporate bond spreads in the US and in emerging markets have widened despite some moderation in June 2022, as valuations increasingly reflect a weak economic outlook, RBI FSR report said.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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