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India Central Bank to Inject $10 Billion Via Forex Swap

Summary by Bloomberg

India’s central bank plans to inject $10 billion through a foreign-exchange swap as it ramps up efforts to tackle a cash crunch in the banking system.

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Bloomberg

India Central Bank to Inject $10 Billion Via Forex Swap

India’s central bank plans to inject $10 billion through a foreign-exchange swap as it ramps up efforts to tackle a cash crunch in the banking system.

1 day ago·United States

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Cryptocurrency News | Cryptocurrency Prices | Market Cap

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 stabilising the value of …

8 hours ago

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nagpurtoday.in

RBI To Conduct $10 Bn Buy/Sell Swap

The RBI on Friday announced a $10 billion buy/sell swap for a tenure of three years. The auction will be conducted on February 28. “In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to inject Rupee liquidity for longer duration through long-term USD/INR Buy/Sell swap,” RBI said on Friday. This will be the second swap auction by the central bank after it infused $5 billion via six months swap on January 31. …

11 hours ago

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indiaweekly.biz

RBI Announces $10 Billion Dollar-Rupee Forex Swap to Boost Liquidity

THE Reserve Bank on Friday (21) announced a huge $10 billion dollar-rupee swap auction programme to inject durable liquidity in the banking system. The USD/INR Buy/Sell swap auction of $10 billion for a tenor of 3 years will be conducted on February 28, the central bank said in a statement. The swap is in the nature of a simple buy/sell foreign exchange swap from the Reserve Bank side. A bank shall sell US dollars to the Reserve Bank and simulta…

1 day ago

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studycafe.in

RBI to Inject Liquidity: 3 Year USD/INR Swap Auction Announced!

RBI to Inject Liquidity: 3 Year USD/INR Swap Auction Announced! To ensure sufficient long-term liquidity in the system, the Reserve Bank of India (RBI) has decided to inject Rupee liquidity through a USD/INR Buy/Sell swap for a longer duration. As part of this move, the RBI will conduct a USD/INR swap auction worth $10 billion […]

1 day ago

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affairscloud.com

RBI Data: Outward Remittances under LRS Drop 10% to USD 22.82 Billion in 9MFY25

According to the Reserve Bank of India (RBI) latest data, outward remittances under its Liberalised Remittance Scheme (LRS) declined 10.15% Year-on-Year (Y-o-Y) to USD 22.82 billion in nine month (from April to December) of Financial Year 2024-25 (9MFY25), compared to USD 24.80 billion in 9MFY24. The data highlighted outward under the scheme declined across major segments […] The post RBI Data: Outward Remittances under LRS Drop 10% to USD 22.82…

1 day ago

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