India central bank likely deploys FX swaps to mop up overseas deposit-driven liquidity, traders say

Reuters World update
India central bank likely deploys FX swaps to mop up overseas deposit-driven liquidity, traders say
Indexed preview:

The Reserve Bank of India is likely conducting near-maturity dollar/rupee sell-buy swaps, as part of its recent efforts to absorb surplus rupee liquidity stemming…

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Published: Wed, 09 Sep 2026 02:16:00 GMT
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