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RBI Dollar-Rupee Swap Attracts Double the Bids
Central BanksforexAI Generated

RBI Dollar-Rupee Swap Attracts Double the Bids

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

The Reserve Bank of India's dollar-rupee swap operation received nearly double the expected bids, indicating strong market demand. The initial leg of the foreign exchange swap is scheduled for settlement on Friday, injecting rupee liquidity into the system.

RBIIndian RupeeForex SwapLiquidityCentral Banks

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