A magnifying glass is held over a one dollar note sheet in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

RBI Concludes Second Forex Swap To Infuse Liquidity; Announces Bond Purchases

Apr 23 2019, 12:45 PMApr 23 2019, 1:03 PMApril 23 2019, 12:45 PMApril 23 2019, 1:03 PM

The Reserve Bank of India concluded its second long-term forex swap to infuse liquidity into the domestic banking system.By purchasing $5 billion in foreign exchange for a tenure of three-years, th...