Reserve Bank of India (RBI) injects $5 billion USD/INR swap and Rs 1 lakh crore OMO to ease liquidity.

Exam-focused facts from the 11 December 2025 current affairs briefing.

Key facts

RBI combines a three-year USD/INR buy-sell swap of $5 billion with open market purchases of government securities worth Rs 1 lakh crore to inject durable liquidity.
The measures accompany a 25 basis point repo rate cut to 5.25%, taking the cumulative reduction since February to 125 bps.
The rupee has fallen 5% this year, becoming Asia’s worst performer and breaching the 90-per-dollar mark.
Foreign portfolio investors have withdrawn more than Rs 1.5 lakh crore, while foreign direct investment and overseas borrowing remain subdued.
Currency analysts expect USD/INR to trade within the 89.40–90.95 range.