RBI's liquidity test may set future course
https://economictimes.indiatimes.com/markets/stocks/news/rbis-liquidity-test-may-set-future-course/articleshow/133856932.cms
The Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate this, a pivotal variable rate reverse repo auction is set to influence the liquidity management strategy. The central bank may also utilize measures such as dollar swaps and bond sales.
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