DOLLAR-RUPEE SWAP, A USEFUL TOOL

Indian Economy

Source : www.thehindu.com Date : 2019-03-21 DOLLAR-RUPEE SWAP, A USEFUL TOOL Relevant for: Indian Economy | Topic: Issues relating to Growth & Development – Foreign Capital, Foreign Trade & BOP The Reserve Bank of India’s decision last week to resort to a dollar-rupee swap, instead of the traditional open-market purchase of bonds, to infuse liquidity…