Mumbai: The RBI has taken two major steps to bring more money (liquidity) into the financial system. First, it will buy Rs 1 lakh crore worth of government bonds. Second, it will carry out a USD 5 ...
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RBI’s dollar–rupee swap explained: What it means and why it matters
The Rupee swap provides protection to banks against extreme currency moves, which becomes an important aspect in current times when the Indian currency has been growing weaker.
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