RBI Buys $5 Billion Through Long Term Forex Swaps
Pedestrians walk past the Reserve Bank of India (RBI) headquarters building. (Photographer: Dhiraj Singh/Bloomberg)

RBI Buys $5 Billion Through Long Term Forex Swaps

The Reserve Bank of India, on Tuesday, successfully concluded a forex swap auction intended to ease liquidity conditions.The central bank bought the targeted $5 billion as part of the long term Dol...
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