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RBI Plans Forex Swap for 24 March
Mint Mumbai
|March 11, 2025
The Reserve Bank of India on Monday said it will conduct a forex swap of $10 billion later this month to inject liquidity into the banking system.
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The USD/INR Buy/Sell swap auction of $10 billion for a tenor of thirty-six months will be conducted on 24 March, the RBI said in a statement.
This story is from the March 11, 2025 edition of Mint Mumbai.
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