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Reserve Bank on Thursday announced measures to infuse liquidity in the foreign exchange market(REUTERS)

RBI to offer USD 2 billion worth American dollars on Monday to sooth forex market

Mumbai | By Press Trust of India
UPDATED ON MAR 12, 2020 04:53 PM IST
Under the swaps, banks will buy US dollars from the RBI and simultaneously agree to sell the same amount of the American currency at the end of the swap period.
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