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RBI’s 5-Billion-Dollar Swap
December 13 , 2025
15 hrs 0 min
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- The Reserve Bank of India (RBI) announced a 5-billion-dollar buy–sell swap to manage the rupee.
- The rupee crossed ₹90 per dollar in December 2025.
- India’s foreign exchange (forex) reserves stand at 686.23 billion dollars as of November 28, 2025.
- The swap means the RBI will buy dollars now and sell them after three years.
- The move helps RBI support the rupee without reducing forex reserves.
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