The Reserve Bank of India has conducted sell-buy dollar-rupee swaps with lenders over the past two weeks, taking rupees out of the financial system to contain risks from surplus liquidity For the full story, visit the source.
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RBI carries out currency swaps worth at least $10 bn to reduce liquidity
The Reserve Bank of India has conducted sell-buy dollar-rupee swaps with lenders over the past two weeks, taking rupees out of the financial system to contain risks from surplus liquidity
By Bloomberg· Business Standard· 10 days ago· 2 min read
This summary is sourced from Business Standard. Read the full article at:Business Standard