Tag: dollar/rupee swaps
Posted in Economy
RBI mops up Rs 6.02 lakh crore through VRRR auctions against Rs 8.5 lakh crore intent
Kolkata: The Reserve Bank of India is facing challenges in sucking out the excess liquidity from the inter-bank market with the three-day variable rate reverse…
Posted in Economy
Indian banks pitch FX sell/buy swaps to drain surplus liquidity, sources say
Mumbai: Indian lenders proposed using foreign exchange sell/buy swaps to gradually withdraw excess rupee liquidity from the banking system at a meeting with the central…