FCNR(B) deposits: Who bears the currency risk? | Explained
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
· 9/9/2026, 8:38:35 AM· 2 min read
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
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