Foreign exchange, better known as forex or FX, is the largest financial market in the world. Unlike stock exchange, it has no ...
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RBI's $10 Billion Forex Swap Oversubscribed More Than Twice, Cutoff Rate Set At Rs 5.86
The Reserve Bank of India (RBI) held an auction on Monday to boost rupee liquidity and the 3-year dollar/rupee buy-sell swap auction was oversubscribed by a little over two times, with the cutoff rate ...
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