RBI's USD/INR swap auction sees bids double the $5 billion, enhancing forex market intervention amid rupee volatility.

The Reserve Bank of India's $5 billion dollar/rupee swap auction attracted bids worth nearly $10 billion, highlighting robust demand amid efforts to stabilize the weakening rupee.

RBI's FX swap auction attracted nearly $10 billion in bids, underscoring strong demand amid a weakening rupee.