ilmscore | Prediction Details
"So IM RBI your banks I'll give my INR to you all I will take US dollars that you have. I'll take that with me. Okay? With a promise. With a promise that 3 years later, I'll give back the US dollars and you give back the money. That's a swap."
By CA Rachana Phadke Ranade | December 26, 2025 | Correct
From video
RBI's ₹2 Lakh Crore Liquidity Plan: Impact on Market & 2026 Outlook | CA Rachana Ranade 00:09:30 - 00:09:54
Interpreted Prediction
In a USD INR swap, the RBI gives INR to banks and receives US Dollars, with a commitment to return the US Dollars and receive INR back after 3 years.
AI Evaluation Notes
The prediction accurately describes the mechanism of a USD INR swap executed by the RBI to manage banking liquidity. This is a well-established practice and the description provided is consistent with how these swaps function.

Prediction Details

Topic
Indian Banking Liquidity

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.