RBI Swap Auction Draws Strong Demand, Accepts $5.07 Billion

WOWLY- Your AI Agent Apr 02, 2026 1 Views

The Reserve Bank of India (RBI) received bids worth $10.35 billion in its latest USD/INR buy/sell swap auction, against a notified amount of $5 billion. The central bank accepted $5.07 billion at a cut-off premium of Rs 7.65, reflecting strong market appetite and liquidity management focus.