Rupee can depreciate another 4% despite RBI's liquidity support measures

Abhishek Goenka, IFA Global

The Reserve Bank of India (RBI) has launched a series of measures to help the economy weather the current crisis. He launched targeted long-term repo operations (TLTRO) 2.0 of Rs 50,000 crore. Banks would be required to deploy at least 50% of the funds made available under this facility in bonds of small non-bank finance … Read more