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The Nexus
BUSINESSMay 20 · 12:15 UTCBLOOMBERGSubhadip Sircar

India RBI to Inject $5 Billion Equivalent Cash Via Swap Auction

The Reserve Bank of India will inject $5 billion equivalent cash via a swap auction. This move is intended to boost liquidity in the financial system. The action is taken by the central bank of India.

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