Tag: RBI $10 bn forex swap

RBI conducts forex swap worth $10 bn to inject liquidity – CNBC TV18

[ad_1] The Reserve Bank on Friday conducted US dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust demand. The settlement of auction will take place on March 4 and March 6. The USD/INR Buy/Sell swap auction for a tenor of 3 years was oversubscribed 1.62 times. Read […]

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