INSUBCONTINENT EXCLUSIVE:
rupees into the banking system through a dollar/rupee forward buy-sell swap auction window has been well received by the market, Governor
Shaktikanta Das said on Tuesday."By and large I think it has been received quite well," Mr Das said on sidelines of a book launch event.On
whether the RBI would repeat such auctions going ahead, he said: "I can't say at the moment."The RBI last week said it will conduct a first
such auction of $5 billion for a tenure of three years on March 26, to mop up dollars and pump in rupees.Senior RBI officials met market
participants on Monday for feedback on the new measure.Get the latest election news, live updates and election schedule for Lok Sabha
Elections 2019 on TheIndianSubcontinent.com/elections
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