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RBI dollar-rupee swap gets almost double bids
The settlement of the initial leg of the FX swap will take place on Friday, through which the RBI will inject rupee liquidity into the banking system. The liquidity stood at a low surplus of Rs 67,285 crores as of May 25
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newsbytesapp.com
RBI's dollar-rupee swap auction subscribed nearly twice over
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.
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thehindubusinessline.com
RBI’s $5 billion FX swap subscribed nearly twice over
RBI's FX swap auction attracted nearly $10 billion in bids, underscoring strong demand amid a weakening rupee.
