Tuesday, March 26, 2019

More liquidity tools? RBI's $5 bn forex swap is a test case

The RBI will buy dollars from banks for three years and offer them rupees in return.

from Markets-Economic Times https://economictimes.indiatimes.com/markets/stocks/news/more-liquidity-tools-rbis-5-bn-forex-swap-is-a-test-case/articleshow/68574687.cms

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