RBI swap auction got bid more than thrice


  • The second dollar-rupee buy/sell auction saw healthy demand with the RBI getting 255 bids worth $18.65 billion compared with the notified amount of $5 billion.
  • The cut-off premium was 838 paisa compared with 776 paisa the last time.
  • The liquidity injected in the first leg was Rs. 34,874 crore.
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