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GovJobAdda, Bengaluru
shared a Current Affairs Article 2 months ago

Headline : RBI to take steps to infuse liquidity.

Details :

Reserve Bank of India (RBI) on Wednesday said it will conduct a three-year buy-sell swap for the rupee through an auction process, in a move to infuse liquidity into the market.

RBI will buy $5 billion on 26 March for a period of three years and reverse it through sales at pre-determined rates fixed via auction.

Section : Business

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