RBI resumes dollar buying, net purchases $254 m in Feb https://ift.tt/IlU1JVw the RBI acquired dollars in the spot market, its outstanding net forward purchases of the dollar reduced in February, implying that the central bank took advance delivery of its forward positions, analysts 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.
Comments
Post a Comment