The Reserve Bank of India (RBI) on Wednesday announced a $5 billion dollar-rupee swap auction aimed at injecting long-term liquidity into the banking system amid pressure on the rupee and foreign investor outflows.

The Reserve Bank of India (RBI) on Tuesday announced a $5 billion USD/INR buy-sell swap auction scheduled for May 26 as part of efforts to inject long-term liquidity into the…

The Reserve Bank of India is considering interest rate hikes and currency swaps to stabilize the rupee after it hit an all-time low of 91.7425 against the dollar.

The Reserve Bank of India (RBI) on Wednesday announced a $5 billion dollar-rupee swap auction aimed at injecting long-term liquidity into the banking system amid pressure on the…

The Reserve Bank of India weighs interest rate hikes, $15B in currency swaps, and dollar reserves to stabilize the rupee amid capital outflows and a strong dollar.