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Rupee sheds 11 paisa against dollar
The rupee on Friday depreciated by 11 paisa against the US dollar in the interbank trading and closed at Rs279.57 against the previous day's closing of Rs279.46. However, according to the Forex ...
RBI $10 bn buy-sell swap: how it could boost liquidity, curb volatility, beef up dollar reserves
The central bank's initiative is designed to provide a durable solution to the system's liquidity requirements, while also ...
RBI to conduct USD-INR swap auction of $10 bn for 3 years’ tenor to inject liquidity
RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...
RBI to conduct $10 billion forex currency exchange to infuse liquidity in India's banking system
India's central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...
India's RBI announces mega $10 billion FX swap to infuse rupee liquidity
The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...
Why RBI dialled up dollar sales in the forward market last quarter
RBI's approach may aim to minimize the impact on rupee liquidity while keeping currency volatility in check. At the same time ...