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RBI to meet dollar demand via FX swaps

CNBC-TV18‘s executive editor Latha Venkatesh reports that the Reserve Bank of India (RBI) will meet the dollar demands of three oil companies Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) through direct forex swaps.

first published: Aug 29, 2013 08:35 am

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