RBI to settle $5 billion dollar-rupee swap without rollover, say bankers
- Posted on August 4, 2025
- By Business News Today
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RBI to settle $5 billion dollar-rupee swap without rollover, say bankers
The Reserve Bank of India is set to deliver a $5 billion dollar-rupee swap upon its maturity on Monday, a move that will involve selling dollars and absorbing rupees. This action is unlikely to disrupt money markets due to the existing surplus rupee liquidity in the banking system.
