Sensex
83,432.89 profit arw 193.42 (0.23%)
Nifty
25,461.00 profit arw 55.70 (0.22%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 25-Mar-2025
Economy - Reports
25-Mar-2025     11:04

RBI Forex swap worth USD 10 billion sees strong demand

The Reserve Bank of India on Monday conducted US dollar-rupee swap worth USD 10 billion for injecting long-term liquidity in the system, with the auction eliciting strong demand. The dollar/rupee buy-sell swap auction to boost rupee liquidity was oversubscribed by a little over two times, with the cutoff rate set at Rs 5.86. The USD/INR Buy/Sell swap auction for a tenor of 3 years was oversubscribed 2.23 times. The swap is part of series of measures that the RBI has taken to ease a liquidity crunch in the banking system. The first leg settlement will take place on March 26 and the second on March 27, the RBI said.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)