Home»Finance News»Large banks preparing for maturity of RBI's $5 billion forex swap
Large banks preparing for maturity of RBI's $5 billion forex swap
Large banks preparing for maturity of RBI's $5 billion forex swap
The $5 billion dollar/rupee swap that the Reserve Bank of India undertook in April 2022 will mature on Monday, meaning $5 billion can potentially be taken out of the banking system