RBI to conduct USD-INR Buy/Sell swap auction of $10 billion for a tenor of 3 years

In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to inject Rupee liquidity for longer duration through long-term USD/INR Buy/Sell swap. Accordingly, the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 10 billion for a tenor of 3 years. The Auction date is 28th February 2025.

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