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RBI carries out currency swaps worth at least $10 bn to reduce liquidity

The Reserve Bank of India has conducted sell-buy dollar-rupee swaps with lenders over the past two weeks, taking rupees out of the financial system to contain risks from surplus liquidity

RBI carries out currency swaps worth at least $10 bn to reduce liquidity

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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