RBI to infuse liquidity via $5 billion dollar rupee swap auction on May 26

May 20, 2026

The RBI will conduct a $5 billion USD/INR buy-sell swap auction on May 26 to inject long-term liquidity into the banking system and strengthen forex reserves. The move aims to stabilise rupee volatility amid global pressures and recent currency depreciation linked to geopolitical tensions and oil price shocks.

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