The Forex Islamic account, also known as a swap-free account or halal trading account, is a specialized type of trading account designed to comply with Sharia law. In traditional Forex trading ...

The Reserve Bank of India (RBI)’s forex swap auction held on Monday received strong responses, with the apex bank receiving bids worth $22.28 billion from banks, against the notified amount of ...

The RBI will conduct a USD/INR Buy/Sell swap auction of $10 billion later this ... long-term repo auction, forex swaps and OMO purchases, to ease the liquidity stress. In December, it had cut ...

In January also, the RBI had announced liquidity injection worth over `1.5 Lakh Crore through different instruments, including $5 Billion forex swap. The rupee declined 28 paise to 87.46 against ...

The swap auction is part of the Central bank’s measures to inject the rupee liquidity into the banking system. | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India (RBI) received a good ...

SEOUL: South Korea’s National Pension Service (NPS) and central bank are in talks to extend their foreign exchange (forex) swap programme that was due to expire this month, according to sources.

Mumbai: The Reserve Bank of India’s (RBI) $10 billion, 3-year dollar/rupee buy-sell swap auction on Monday to inject long-term liquidity in the system was oversubscribed 2.23 times. The RBI said ...

The Reserve Bank of India’s (RBI’s) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent ...

In January also, the RBI had announced liquidity injection worth over Rs 1.5 lakh crore through different instruments, including USD 5 billion forex swap. The rupee declined 28 paise to 87.46 ...

The spike in foreign reserves was partly attributed to the $10 billion forex swap done by the Reserve Bank of India (RBI). India's forex reserves have been on a declining trend recently due to the ...