RBI’s $5B Forex Swap Boosts Rupee Liquidity
RBI’s $5B Forex Swap Boosts Rupee Liquidity RBI’s $5B Forex Swap Boosts Rupee Liquidity marks a decisive intervention by the Reserve Bank of India (RBI) to stabilize the rupee and ensure adequate liquidity in the banking system. With global forex volatility, rising crude oil prices, and capital outflows weighing heavily on India’s currency, this $5‑billion … Read more