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The RBI, on behalf of the government, issues all T-Bills and Government dated securities. Being risk-free securities, they set the benchmark for the interest rates of the other money market instruments. Though the government issues these two categories of securities, they serve different purposes while meeting the government's fund requirement.
'Foreign Exchange Market': Definition of 'Foreign Exchange Market' The markets, in which participants are able to sell, buy exchange and speculate on currencies. Foreign e
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