18 Billion USD Japanese Low-cost Bullet Train Finance, without the FX Risk

An Indian banker with long time expertise on Japan, Rajeev Sinha of Bank of India, has proposed a groundbreaking solution to convert the soft loans from Japan, like the proposed 18 billion USD Mumbai Ahmedabad High Speed Rail (MAHSR) loan, with Japanese Yen FX risk currently, to extremely low interest loans in Indian Rupees while mitigating the FX Risk. This proposal, if applied effectively, will greatly further enhance the attractiveness of Japanese loans to India which have been so

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