TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI Conducts USD 10 Billion Swap Auction to Boost Liquidity; Oversubscribed 1.62 Times with 161 Bids Accepted</h1> The Reserve Bank of India (RBI) conducted a US dollar-rupee swap auction worth USD 10 billion to inject long-term liquidity into the financial system. The auction, held on Friday, saw high demand, being oversubscribed 1.62 times with 244 bids received, of which 161 were accepted. The settlement is scheduled for March 4 and March 6. This move comes as the rupee trades at 87.46 against the US dollar amid global uncertainties. The swap involves banks selling US dollars to the RBI and agreeing to repurchase them after three years, aimed at addressing the system's durable liquidity needs.
TaxTMI 
TaxTMI 
