#currency-swaps
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
Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee
RBI's interventions highlight challenges in maintaining currency stability amid global market pressures and domestic economic demands. The post Reserve Bank of India considers rate hikes and currency swaps to stabilize the rupee appeared first on Crypto Brief…