The Reserve Bank of India's three-year dollar-rupee swap is expected to attract significant interest from companies seeking ...
The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 ...
RBI’s recent $10 billion dollar/rupee swap auction highlighted strong demand amid significant liquidity deficits. With the ...
The Reserve Bank of India (RBI) said it received 244 bids during the auction and 161 of them were accepted for amount ...
The Reserve Bank of India (RBI) said it received 244 bids during the auction and 161 of them were accepted for amount ...
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Press Trust of India on MSNRBI conducts forex swap worth $10 BillionThe Reserve Bank on Friday conducted US dollar-rupee swap worth $10 Billion for injecting long-term liquidity in the system, with the auction eliciting robust demand. The settlement of auction will ...
RBI will try to keep deficit in the system around ₹1-1.5 trillion and will use instrument like OMO (open marekt operations) buy/ Fx swap and if needed may be CRR (cash reserve ratio) as well ...
"The quantum of the swap has surprised the market and we don't expect any other FX swap auction for the remainder of this financial year," Ritesh Bhusari, joint general manager for treasury at ...
African payment technology firm Flutterwave announced that its foreign currency exchange solution, Swap, is now accessible ...
The swap was in the nature of a simple buy/sell foreign exchange swap from the Reserve Bank side. A bank shall sell US dollars to the Reserve Bank and simultaneously agree to buy the same amount ...
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