RBI’s Sell/Buy Swap to Address Liquidity Ahead of Tax Outflows
12
Mar
RBI’s Sell/Buy Swap to Address Liquidity Ahead of Tax Outflows Subject: Economy Section: Monetary Policy The Reserve Bank of India (RBI) recently conducted a $5-billion sell/buy swap on March 8, 2022, aimed at augmenting rupee liquidity in the banking system. Purpose of the Swap: The RBI conducted the two-year sell/buy swap to enhance […]