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RBI announces $5bn swap auction to inject long-term liquidity into banking system
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.
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timesofindia.indiatimes.com
RBI announces $5 billion dollar-rupee swap, auction scheduled for May 26
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…
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cryptobriefing.com
Reserve Bank of India considers rate hikes and currency swaps to stabilize sliding rupee
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.
