The bank said a week ago that it would extend the limit on forex swap operations to an equivalent of $2 billion a day for Dec. 15-21, but on Friday it said it was increasing that limit to $10 billion.

On Wednesday, the central bank announced that it would be conducting two Open Market Operations (OMO) purchase auctions of Government of India securities, totaling Rs 1 lakh crore. The auctions ...

The Russian central bank said on Monday it had set a limit for its overnight forex swap operations at $10 billion for Dec. 22 to alleviate a shortage of rubles in the money market.