The central bank kept the fixed one-day repo rate, a de facto ceiling for the money market, unchanged at 6.50 percent, with the auction repo rate unchanged at 5.5 percent.

However, one major implication of any bank reforms that allow the Treasury repo market to grow, or banks to own more long-maturity Treasuries, would be for swap spreads to widen.

India's foreign exchange reserves surged by USD 15.267 billion to USD 653.966 billion by March 7, 2024, following a USD 10 billion forex swap by the RBI. Foreign currency assets and gold reserves ...

By Dharamraj Dhutia MUMBAI (Reuters) - India's overnight indexed swap (OIS) rates have fallen in the last three sessions, signaling that besides just a quarter-point rate cut this week, the ...

New features make Tradeweb the first electronic trading platform to make overnight index swap curves available during the repo trade negotiation process. Tradeweb Markets has launched new features ...

MUMBAI, Sept 20 (Reuters) - India's has so far received $1.4 billion in foreign flows so far from two foreign exchange swap lines that the country's central bank set up as part of its currency ...