Such a mechanism also helps stabilize the rupee by providing a source of US Dollars to the market, which reduces pressure on ...
Converting Chinese loans from dollars into yuan may seem cheaper in the short term, but in the long-term it increases dependency on the Big Dragon, warns Rishan Sen.
The announcement by the RBI Governor of OMO purchases and dollar-rupee swap has come at a time when the Indian Rupee is ...
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RBI to buy Rs 1 lakh crore of bonds, execute $5 billion three-year forex swap to boost liquidity
The main purpose of open-market bond purchases is to infuse primary liquidity and not to influence bond yields, Malhotra ...
WASHINGTON (AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said ...
BEIJING, April 12 -- China reported a massive increase in its already huge pile of foreign currency in the first three months of this year, a gain that includes as much as $73.3 billion in unexplained ...
A key highlight of the policy was the announcement of Rs 1 trillion in Open Market Operations (OMO) and a $5 billion FX swap.
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