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China central bank conducts 1.7 trln yuan of outright reverse repos in Jan

  • The Reserve Bank of India announced it will inject another Rs 110,000 crore into the banking system through open market purchase auctions of government securities and a variable rate repo auction.
  • A $5 billion dollar-rupee swap auction will also be held to provide more liquidity in the system on January 31, 2025.
  • The Reserve Bank of India is monitoring liquidity conditions and has received feedback from banks regarding new liquidity coverage norms that may affect credit flow.
  • Sanjay Malhotra has recently taken over as the new Reserve Bank of India governor, succeeding Shaktikanta Das.
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YUAN TALKS broke the news in on Sunday, January 26, 2025.
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