The RBI said it would buy Rs 2 lakh crore of It will also conduct a $10-billion buy/sell swap auction on Jan. 13 to ease dollar liquidity. The measures come as system liquidity turned negative mid-December, driving the weighted average call rate to 5.46%, above the 5.25% repo rate.“The announced operations go beyond market expectations and should provide confidence around durable liquidity availability, alleviate demand-supply concerns, and support investor sentiment in the bond market,” said VRC Reddy, he ...