Bond purchases, forex swap: RBI publicizes slew of measures to inject liquidity into banking system

Bond purchases, forex swap: RBI publicizes slew of measures to inject liquidity into banking system

India’s central financial institution introduced on Monday a number of measures to inject liquidity into the banking system, together with bond purchases and greenback/rupee swaps, which analysts and merchants stated might be a precursor to a charge lower subsequent month. The Reserve Financial institution of India’s (RBI) measures are anticipated to collectively infuse 1.5 trillion…

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