Rs 210,000 cr: That’s how much money RBI has printed in 3 months

.....The net effect of the $34 billion inflows is an injection of Rs 2,100 billion (Rs 2,10,000 crore) into the banking system. This injection is primary in nature, i.e money was printed by the Reserve Bank of India (RBI). The mechanics of the swap transaction are given at the end of the analysis. When we say printed, it means the money exists in the books of banks as cash............

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