https://www.taxtmi.com/news?id=35953 The Reserve Bank executed a US dollar-rupee swap auction whereby banks sold US dollars to the central bank and agreed to repurchase them at swap maturity. The auction, which attracted strong demand and settles on designated future dates, aimed to inject long-term liquidity and bolster dollar supply, thereby supporting the rupee and stabilising short-term FX market conditions amid volatile equity markets and net foreign investor outflows. en-us Mon, 03 Mar 2025 20:16:03 +0530 Mon, 03 Mar 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35953 The Reserve Bank executed a US dollar-rupee swap auction whereby banks sold US dollars to the central bank and agreed to repurchase them at swap maturity. The auction, which attracted strong demand and settles on designated future dates, aimed to inject long-term liquidity and bolster dollar supply, thereby supporting the rupee and stabilising short-term FX market conditions amid volatile equity markets and net foreign investor outflows. News - Mon, 03 Mar 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=35953