As part of the swap, the central bank will inject liquidity amounting to $10.04 billion equivalent of rupees into the banking system on Wednesday.

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The RBI injected a cumulative ₹4.73 lakh crore into the banking system by early March via Open Market Operations (OMOs), ...

The spike in foreign reserves was partly attributed to the $10 billion forex swap done by the Reserve Bank of India (RBI). India's forex reserves have been on a declining trend recently due to the ...

The forex swap is in addition to open market bond purchases as well as longer-term variable repo auctions which the central bank has been deploying to add cash in the banking system. The central ...

The Reserve Bank of India (RBI) announced on March 5th that it will provide liquidity through Open Market Operations (OMO) purchases and USD/INR Buy/Sell swap ... in forex markets, and lower ...

MUMBAI, April 7 (Reuters) - India's overnight indexed swap (OIS) rates have fallen in ... after remaining above the repo rate in March, while money market rates have plunged.

A reduction in the repo rate can boost liquidity in the local forex market ... can enhance traders’ ability to invest in financial markets, including the foreign exchange market.

MUMBAI (Reuters) - India's overnight indexed swap (OIS) rates have fallen in the last three sessions ... The weighted average call rate has moved closer towards the Standing Deposit Facility rate, ...