VRR was recommended in October 2018 to bring in long-term funds into debt assets. The move was expected to shield the rupee against a strengthening dollar.
from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/rbi-eases-norms-for-fpi-special-window/articleshow/69487472.cms
Saturday, May 25, 2019
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