Special INR Vostro Accounts
July 14, 2022
Special INR Vostro Accounts Subject : Economy Section: External Sector Context: Government is getting a new avenue of borrowing with the Reserve Bank of India (RBI) enabled Special INR Vostro Accounts for investment in treasury bills (TBills) and GSecs. Details: The new mechanism for international trade settlement in the rupee facilitates returns on […]