The Funds Crunch
by Prosenjit Datta
Jul 22, 2019
2 minutes
At a dinner that she hosted for financial journalists, post the presentation of Union Budget, Finance Minister Nirmala Sitharaman explained one of the reasons behind the government's decision to issue foreign currency debt. Given the tight liquidity in the market, she pointed out, if the government did all its borrowing from the domestic market,
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