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The Indian central bank did not roll over and took delivery of the $5 billion dollar/rupee swap that matured on Monday, aiming to bolster foreign exchange reserves and rupee liquidity, four...
The Reserve Bank of India's dollar/rupee sell-buy swap conducted in March 2022 matured on Monday. The central bank had the option to take delivery of the swap, roll it over entirely, or opt for a partial rollover.
The Reserve Bank of India's dollar/rupee sell-buy swap conducted in March 2022 matured on Monday. The central bank had the option to take delivery of the swap, roll it over entirely, or opt for a partial rollover.
Currently, the liquidity in the banking system is estimated to be in deficit of Rs 2.42 lakh crore
RBI has conducted six variable rate repo auctions to support liquidity so far this month with February 7, 9 and 12 recording two such auctions each