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RBI's net outstanding forward USD sales rise in Sep after falling for 6 mths

The Free Press Journal - Mumbai

|

November 01, 2025

The RBI's net outstanding sales of dollar/rupee forward contracts rose to $59.41 billion as of September-end, after falling for six consecutive months, data from the central bank showed on Friday.

- Informist

The continued rise in the central bank's outstanding forward dollar sales coincides with the RBI's defence of the rupee through active dollar sales in the offshore non-deliverable forwards market.

The RBI has also been conducting buy/sell swaps - buying dollars for immediate delivery and selling them for a forward date - to limit the strain of its spot sales on systemic rupee liquidity.

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