Forex Swap – Economy This Week

This week’s ‘Economy This Week’ segment brings to you all you need to know about the topic ‘Forex Swap’. Economics is an important segment of the IAS exam and is also extensively linked to current affairs.

Forex Swap
RBI has announced to conduct a forex swap (also referred to as dollar-rupee swap) of $5 bn. This tool is being used for the first time by RBI, wherein the dollars with banks will be swapped with rupee by RBI. This is being done in order to increase liquidity and also control the likelihood of rupee appreciation. The video discusse the concepts related to the forex swap

The following video discusses all the issues related to Forex Swap:

Topics covered are:

  1. What is Forex Swap
  2. Why it has been announced
  3. Benefits of Forex Swap
  4. Concerns

For more business news videos and PDFs, keep visiting the ‘Economy This Week’ segment regularly.

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