RBI to conduct $5 billion dollar-rupee swap auction
pre-market1 source ↓written by the desknot a recommendation
- USD/INR Buy/Sell swap
- $5 billion
- to enhance liquidity
- 16 Dec 2025
- swap will span
- 36 months
- and repurchasing
- 18 Dec 2025
- and repurchasing
- 18 Dec 2028
The Reserve Bank of India (RBI) plans a $5 billion USD/INR Buy/Sell swap auction on 16 Dec 2025 to enhance liquidity in the banking system. This operation aims to provide durable rupee liquidity amid tight conditions. The swap will span 36 months, with banks selling dollars on 18 Dec 2025 and repurchasing on 18 Dec 2028.
This measure, alongside ₹1 lakh crore in government securities purchases, is expected to support orderly funding conditions.
Not investment advice. For informational purposes only.