CRR_Call Tracker

Text/HTML

Text/HTML

ValueProductView

ValueProductPastPerformance

Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

CRR_MVC_PastPerformance

Text/HTML

Our Other Trader Products

EasyDNNNews

RBI bought US$5 billion forex swap
Amir Shaikh
/ Categories: Trending

RBI bought US$5 billion forex swap

In an effort to boost liquidity in the market ahead of general election, the country’s central bank, RBI has purchased US$ 5 billion through long-term forex swap auction. The central bank has successfully concluded the forex swap auction, buying the targeted US$5 billion as part of the long-term dollar/rupee swap with a three-year tenor. With this, Reserve Bank of India (RBI) has injected nearly Rs. 34,561 crore into the Indian banking system.

In this auction, RBI received bids worth nearly US$16.31 billion for which the cut-off was set at 776 paise. It has accepted US$5.02 billion tendered.

This liquidity infusion was in line with RBI's announcement earlier this month that it would buy dollars from banks for three years and offer them rupees in return. The swap will bulk up India's foreign exchange reserves while injecting liquidity into the financial system to ease a cash crunch typically seen before the beginning of a financial year.

The central bank has bought Rs. 3 lakh crore of bonds this fiscal to support the market at a time when a record US$100 billion borrowing plan of the government had cooled demand for debt.

Previous Article Ten stocks close to their 52-weeks high
Next Article Ten stocks close to their 52-weeks low
Print
2137 Rate this article:
5.0
Please login or register to post comments.

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR