PWC News
Wednesday, July 9, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

RBI to conduct record $10-billion dollar/rupee swap auction to ease liquidity strain

Home Business
Share on FacebookShare on Twitter


The Reserve Financial institution of India (RBI) will conduct its largest-ever $10-billion greenback/rupee buy-sell swap public sale on February 28, aiming to handle the persistent liquidity deficit within the banking system.  

Beneath the swap association, the central financial institution will buy {dollars} for speedy supply and promote them for supply after three years. The primary leg of the transaction will probably be settled on March 4, with the swap reversing on March 6, 2028.  

This marks the second such public sale by the RBI in lower than a month, following a $5.1-billion swap on January 31 for a six-month tenure. The newest transfer indicators a continued effort to inject sturdy liquidity, with banking system deficits persisting since mid-December.  

Market members will bid primarily based on the premium they’re keen to pay to the RBI, quoted in paisa phrases to 2 decimal locations. The public sale will run from 10:30 am to 11:30 am, with outcomes introduced the identical day. The minimal bid dimension is $10 million, and bids should be in multiples of $1 million.  

The RBI’s earlier $5-billion public sale on January 31 is about to reverse on August 4. The central financial institution has additionally taken extra measures to spice up liquidity, together with reducing its key rate of interest for the primary time in practically 5 years earlier this month. Nonetheless, market members stress that sustained liquidity is important for efficient coverage transmission by lenders.  

Past foreign exchange swaps, the RBI has infused over Rs 3.6 lakh crore ($41.56 billion) of sturdy liquidity via debt purchases, overseas trade interventions, and long-duration repos. As of February 20, India’s banking system confronted a liquidity shortfall of round Rs 1.7 lakh crore. The central financial institution has additional injected Rs 1.83 lakh crore by way of long-term repos set to mature in early April.  

With the monetary system grappling with tight liquidity situations, the upcoming swap public sale is about to be a key check of market urge for food and the RBI’s ongoing liquidity administration technique.

(With inputs from companies)



Source link

Tags: 10billionauctionconductdollarrupeeEaseLiquidityRBIrecordstrainSwap
Previous Post

Gold: Can Miners and ETFs Take Investors to $3,000? | Investing.com

Next Post

Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Related Posts

Alexandria Real Estate: A Rare Opportunity In Life Sciences Real Estate (NYSE:ARE)
Business

Alexandria Real Estate: A Rare Opportunity In Life Sciences Real Estate (NYSE:ARE)

July 9, 2025
closing bell july 9 2025 sensex nifty 50 end in rangebound trade cues on india us trade deal tcs earnings in focus
Business

closing bell july 9 2025 sensex nifty 50 end in rangebound trade cues on india us trade deal tcs earnings in focus

July 9, 2025
Wizz Air to restart Tel Aviv flights in August
Business

Wizz Air to restart Tel Aviv flights in August

July 9, 2025
Glen Industries To Utilise IPO Funds For Capacity Expansion
Business

Glen Industries To Utilise IPO Funds For Capacity Expansion

July 9, 2025
Despite current expensive valuations, Indian market still holds significant upside in the longer term: Meeta Shetty
Business

Despite current expensive valuations, Indian market still holds significant upside in the longer term: Meeta Shetty

July 8, 2025
Unilever workers stage walkout in Germany
Business

Unilever workers stage walkout in Germany

July 8, 2025
Next Post
Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Coinbase says SEC has agreed to dismiss case against it, pending commission approval

Week Ahead – German Elections and US PCE Inflation on Investors’ Radar | Investing.com

Week Ahead – German Elections and US PCE Inflation on Investors’ Radar | Investing.com

Debt brake the central focus for investors ahead of German election

Debt brake the central focus for investors ahead of German election

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Certain Gut Microbes Found to Absorb Ingested PFAS: Study – EcoWatch
Energy

Certain Gut Microbes Found to Absorb Ingested PFAS: Study – EcoWatch

by PWC
July 5, 2025
0

An illustration of PFAS accumulation in intestine micro organism. Peter Northrop / MRC Toxicology Unit Why you possibly can belief...

How Yves Rocher Integrates Sustainability In Its Business

How Yves Rocher Integrates Sustainability In Its Business

July 4, 2025
‘Growth will slow’: Experts warn Trump’s ‘big beautiful’ bill could hit the job market hard

‘Growth will slow’: Experts warn Trump’s ‘big beautiful’ bill could hit the job market hard

July 6, 2025
A Planet Money guide to 5 fascinating new econ papers

A Planet Money guide to 5 fascinating new econ papers

July 8, 2025
India-US Trade Deal: Where Talks Stand, What’s Holding Them Back — Here’s What We Know So Far

India-US Trade Deal: Where Talks Stand, What’s Holding Them Back — Here’s What We Know So Far

July 5, 2025
US Secret Service Trains 60+ Nations to Track Crypto Scams With Blockchain Tools – Featured Bitcoin News

US Secret Service Trains 60+ Nations to Track Crypto Scams With Blockchain Tools – Featured Bitcoin News

July 7, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.