RBI Announces 36-Month USD/INR Swap Auction of $5 Billion to Enhance Banking System Liquidity

Dec 09, 2025 02:41 am CST

The Reserve Bank of India plans to conduct a 36-month USD/INR Buy/Sell Swap auction of $5 billion on December 16, 2025, as part of a broader strategy to inject liquidity into the banking system. This initiative, along with planned OMO purchases of Rs 1,00,000 crore in government securities, aims to support orderly financial conditions in India's markets.