RBI announces $5 billion forex swap to boost liquidity
after close1 source ↓written by the desknot a recommendation
- to enhance liquidity
- $5 billion dollar-rupee swap
- in the repo
- 25 basis points cut
- repo rate
- 5.25%
- since February 2025
- 125 bps
The Reserve Bank of India (RBI) has announced a $5 billion dollar-rupee swap to enhance liquidity as the rupee faces pressure. This follows a 25 basis points cut in the repo rate to 5.25%, part of a total reduction of 125 bps since February 2025. These measures aim to ensure banks maintain adequate lending capacity and facilitate lower borrowing costs across the economy.
Not investment advice. For informational purposes only.