What does RBI’s $5 billion dollar-rupee swap mean?

GS Paper 3: Topics Covered: Indian Economy.   Context: The Reserve Bank of India (RBI) has conducted a $ 5 billion dollar-rupee swap auction as part of its liquidity management initiative, leading to infusion of dollars and sucking out of the rupee from the financial system.   What is a Dollar–Rupee Swap auction? It’s a …