Our Bureau August 04, 2025
SWAP REVERSAL MAY ABSORB Rs 43K CR LIQUIDITY Mumbai: The reversal of a $5-billion dollar-rupee buy-sell swap conducted in late January will take place on Monday, potentially draining around Rs 43,000 crore from the banking system if the Reserve Bank of India chooses to give the delivery of the dollars entirely, according to bank treasury dealers and economists. The operation marks the second leg of a six-month swap,
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