RBI Forex Swap 2025: $10 Billion Liquidity Boost to Ease Banking Crunch
The Reserve Bank of India (RBI) has announced a significant measure to address the prevailing liquidity crunch in the banking sector by initiating a $10 billion foreign exchange (forex) swap. This three-year swap auction is scheduled for February 28, 2025, and aims to infuse approximately ₹870 billion into the banking system. This move underscores the…
