The Reserve Bank of India plans to inject Rs 1.5 lakh crore into money markets. This move aims to ease liquidity and support an interest rate cut. Analysts suggest this may be temporary, with more steps needed later. The RBI might use reserves if the rupee weakens, impacting banking system liquidity. A forex swap will add durable rupee liquidity.
RBI may have to inject another dose of liquidity in Q4: Analysts
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