The forward premium comes down when the demand for the spot is more than the future dollar
Asia's banking sector profitability will also decline from deteriorating asset quality and lower net interest margins, said Moody's
Lenders to face central bank's censure; board meet in May seen leading to fresh measures
The last such liquidity scene was witnessed just after demonetisation in end of 2016 and early 2017 when banks were parking their deposit-linked money with the central bank
While liquidity played a role, banks' reluctance to lend due to risk aversion and tightened group borrower exposure limits are pushing firms to the corporate bond market space, say experts