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'RBI's $10 billion FX swap to sail through'
Mint Chennai
|January 13, 2026
The arbitrage opportunities between onshore and offshore markets alongside an expected pick up in corporate participation are likely to help the Reserve Bank of India’s (RBI's) $10 billion foreign-exchange swap sail through smoothly, bankers said.
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Bids for the swap will be submitted by banks in the first half of Tuesday, and the results will be declared later in the day.
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