RBI’s FX swap auction sees strong demand as system liquidity deficit persists

RBI's recent $10 billion dollar/rupee swap auction highlighted strong demand amid significant liquidity deficits. With the rupee facing depreciation pressures, experts suggest RBI may need to implement further measures, including long-term swaps, to enhance liquidity in the banking system.

source https://www.livemint.com/industry/banking/rbis-fx-swap-auction-sees-strong-demand-as-system-liquidity-deficit-persists-11740754309628.html