# Indian rupee premiums, short-term bond yields drop after central bank's $10 bln FX swap

> The one-year dollar/rupee forward premium dropped 12 basis points to 1.99% on Monday after the RBI announced an FX swap to shore up rupee liquidity. Shorter-term Indian government bond yields also fell, and the one-year OIS rate neared a 30-month low.

- Date: 2025-02-24 · published 2025-02-24T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/26314-indian-rupee-premiums-short-term-bond-yields-drop-after-central-bank-s-10-bln
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Lower forward premiums and yields reflect easing rupee liquidity stress, a financial-market development with minimal direct effect on feed commodity prices.

## Read by commodity

- USDINR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/india/indian-rupee-premiums-short-term-bond-yields-drop-after-central-banks-10-bln-fx-2025-02-24/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.