https://www.taxtmi.com/news?id=35831 The central bank's RBI dollar-rupee swap auction to inject long-term liquidity is presented as a principal stabilising measure supporting rupee appreciation, conducted by banks selling dollars to the central bank with agreements to repurchase at swap maturity. Robust demand for the auction and scheduled settlement dates are noted. Concurrent macro indicators-sequential GDP growth recovery, rising forex reserves, higher GST collections-are identified as supportive, while crude price increases, FII equity outflows, and an elevated fiscal deficit are described as constraints on sharper currency gains. en-us Mon, 03 Mar 2025 09:46:03 +0530 Mon, 03 Mar 2025 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35831 The central bank's RBI dollar-rupee swap auction to inject long-term liquidity is presented as a principal stabilising measure supporting rupee appreciation, conducted by banks selling dollars to the central bank with agreements to repurchase at swap maturity. Robust demand for the auction and scheduled settlement dates are noted. Concurrent macro indicators-sequential GDP growth recovery, rising forex reserves, higher GST collections-are identified as supportive, while crude price increases, FII equity outflows, and an elevated fiscal deficit are described as constraints on sharper currency gains. News - Mon, 03 Mar 2025 09:46:03 +0530 https://www.taxtmi.com/news?id=35831