RBI Injects Liquidity with $10 Billion Forex Swap Amid Strong Demand

Unknown Apr 02, 2026 2 Views

Reserve Bank of India (RBI) sold and purchased a $10 billion dollar-rupee buy-sell forex swap on March 24 to address the shortage of excess liquidity in the banking system. The auction was subscribed by more than double the notified amount, with $22.3 billion bids received against the notified am...

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