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RBI’s March forex buys hit 5-year high to boost banking liquidity

Posted by Able on May 22, 2025

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The Reserve Bank of India's (RBI) net purchases in the foreign exchange market soared to their highest level in nearly five years in March, driven by forex swap operations aimed at injecting liquidity into the banking system.

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RBI’s March forex buys hit 5-year high to boost banking liquidity

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