RBI introduces Forex Swap Window for Public Sector Oil Marketing Companies

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....BI introduces Forex Swap Window for Public Sector Oil Marketing Companies <br>News and Press Release<br>Dated:- 29-8-2013<br><BR>On the basis of assessment of current market conditions, Reserve Bank o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f India has decided to open a forex swap window to meet the entire daily dollar requirements of three public sector oil marketing companies (IOC, HPCL and BPCL). Under the swap facility, Reserve Bank ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....will undertake sell/buy USD-INR forex swaps for fixed tenor with the oil marketing companies through a designated bank. The swap facility gets operationalized with immediate effect and will remain in ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....place until further notice. Alpana Killawala Principal Chief General Manager<BR> News - Press release - PIB....