#liquidity-management
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
RBI said to conduct at least $10 billion FX swaps to drain cash
RBI conducts $10 billion FX swaps to reduce liquidity and curb inflation risks amid significant cash surplus in the system.
RBI to conduct Rs 1 lakh cr 3-day VRR auction on Jun 19
The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the banking system. The auction will help keep overnight money market rates stable. This follows recent liquidity infusions b…