RBI announces $5 billion dollar/rupee swap auction
pre-market1 source ↓written by the desknot a recommendation
- auction
- $5 billion dollar/rupee swap
- to stabilize
- 16 Dec 2025
- threshold
- ₹90-per-dollar
- currently stand
- $686.227 billion
- per dollar
- 89.8750
The Reserve Bank of India (RBI) is set to conduct a $5 billion dollar/rupee swap auction on 16 Dec 2025 to stabilize the rupee, which recently crossed the ₹90-per-dollar threshold. This move aims to curb volatility without depleting foreign exchange reserves, which currently stand at $686.227 billion.
Key Points:
• Rupee closed at 89.8750 per dollar on 9 Dec.
• Year-to-date depreciation of ~5% (426 paise).
• Forex reserves decreased by $28.136 billion in 2025.
This strategic intervention may help restore investor confidence and stabilize market conditions.
Not investment advice. For informational purposes only.