India RBI's FX forward book touches record $200 billion
Net forward dollar liabilities rose to a record $200 billion in August, up $63 billion month on month.
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India RBI's FX forward book touches record $200 billion
The Reserve Bank of India's net forward dollar liabilities ballooned to a record $200 billion in August, per data released on Wednesday, as the central bank absorbed a surge in one-off policy-induced dollar inflows.Forward liabilities rose $63 billion month-on-month in August after hitting a record…