https://www.iasexam.com/enhanc....ed-liquidity-measure
Enhanced Liquidity Measures of RBI UPSC
The Reserve Bank of India (RBI) has introduced enhanced liquidity measures to address contraction within the banking system. Swap auction: RBI will conduct a six-month USD/INR purchase/promote change public sale worth $5 billion, with the first leg on January 31, 2025.
This includes banks promoting US bucks to the RBI in exchange for rupee funds, to be reversed after six months with a premium.
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