Tag: forex
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RBI to inject ₹1 lakh crore via OMOs, conduct $10B forex swap to fix India’s liquidity crunch
The Reserve Bank of India (RBI) has announced a series of operations aimed at managing the current and evolving liquidity conditions in the banking...
RBI conducts forex swap worth $10 bn to inject liquidity
The Reserve Bank on Friday conducted US dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust...
India’s forex reserves hit two-month high of $640.48 bn
India’s foreign exchange reserves rose to a two-month high of $640.48 billion as of February 21, according to data released by the Reserve Bank...
India’s forex reserves snap 3-week gaining streak
India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data...
Reserve Bank of India to inject $10 billion through forex swap
The Reserve Bank of India (RBI) has announced it will conduct a record $10-billion dollar/rupee buy/sell swap auction on February 28, aimed at addressing...
