NewzForeign exchange inflows facilitated by the Reserve Bank of India (RBI) swap facility have reached a total of USD 143.6 billion. This figure represents the cumulative volume of currency swaps conducted by the central bank to manage liquidity and stabilize foreign exchange reserves within the Indian financial system.
The increase in these inflows highlights the ongoing utilization of swap mechanisms by the RBI to influence domestic monetary conditions and bolster the nation's external balance sheet. These instruments serve as a critical tool for the central bank in navigating volatility in the forex markets and maintaining adequate liquidity levels.
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