RBI to inject ₹3 trillion liquidity via OMO and forex swap
after close1 source ↓written by the desknot a recommendation
- into the banking
- ₹3 trillion
- forex swap
- $10 billion
The Reserve Bank of India plans to inject ₹3 trillion into the banking system through open market operations (OMOs) and a foreign exchange swap. This includes purchasing government securities worth ₹2 trillion in four tranches starting December 29. Additionally, a $10 billion forex swap on January 13 aims to enhance rupee liquidity. This move is expected to stabilize market conditions and support financial institutions.
Not investment advice. For informational purposes only.