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RBI conducts $2-billion-plus foreign exchange swaps to blunt intervention hit
Financial Express Mumbai
|January 23, 2026
THE RESERVE BANK of India has conducted more than $2 billion in foreign exchange (Fx) swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness.
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The central bank has stepped up spot market intervention amid equity outflows, higher demand linked to bullion imports and increased hedging pileup pressure on the ru
Cette histoire est tirée de l'édition January 23, 2026 de Financial Express Mumbai.
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