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RBI to inject more liquidity

BE/RBINOTE/15/2019 Swapping Arrangement Reserve Bank of India, the country’s regulator has announced that it will be injecting a long-term liquidity worth USD 5 billion into the system. This will be done through a Foreign Exchange Swap arrangement with banks for three years. The Swap will be in the nature of a simple buy/sell foreign exchange

RBI to inject more liquidity

BE/RBINOTE/15/2019 Swapping Arrangement Reserve Bank of India, the country’s regulator has announced that it will be injecting a long-term liquidity worth USD 5 billion into the system. This will be done through a Foreign Exchange Swap arrangement with banks for three years. The Swap will be in the nature of a simple buy/sell foreign exchange