Banks, importers seen lapping up India central bank's $5 bln FX swap
The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...
India cenbank infuses $5.1 billion worth of rupee liquidity via buy/sell FX swap
The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...
Dollar-rupee forwards dip on RBI rate cut bets, overnight swap rate normalizes
Dollar-rupee forward premiums and very-near-tenor swap rates dipped on Wednesday as some of the excess dollar liquidity in ...
devdiscourse7d
RBI Unveils Massive Liquidity Boost with Forex Swap Auction
The Reserve Bank of India (RBI) announced a significant liquidity injection, involving a USD/INR swap auction worth USD 5 ...
Business Times4d
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the financial system. The ...
RBI announces $5-bn forex swap, OMOs and VRR to inject liquidity
The regulator also announced open market operation (OMO) purchase auctions aggregating to RS 60,000 crore and a 56-day ...
U.S. News & World Report6d
Banks, Importers Seen Lapping up India Central Bank's $5 Billion FX Swap
The FX swap will involve the RBI buying spot dollars, which would both inject rupee liquidity and drain some dollars. The transaction will be reversed in six months. Corporate treasuries ...