EconomicMonetary Policy Action2026-05-20🇮🇳
RBI to conduct $5 billion rupee swap auction on May 26
source: Reserve Bank of India -> target: Indian banking system
On 2026-05-20, the Reserve Bank of India announced a $5 billion USD/INR buy-sell swap auction to be conducted on May 26. The three-year swap is intended to inject rupee liquidity into the banking system amid evolving liquidity conditions. Banks will sell dollars to the RBI and buy them back at maturity.
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MumbaiMaharashtraSouth AsiaIndiaAsia19.076, 72.878
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