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RBI net bought $1.76 bn
Business Standard
|July 24, 2025
The Reserve Bank of India net bought $1.76 billion in May, after a net sell of $1.6 billion in April.
The central bank bought $9.12 billion, while it sold $7.36 billion of foreign currency in May. The rupee had depreciated by 1.3 per cent in May.
Before May, the RBI was a net buyer of the greenback only in March, while it remained a net seller in January, February, and April.
The outstanding net short dollar position in the rupee forward market fell further to $65.21 billion by the end of May, against $72.57 billion at the end of April.
This story is from the July 24, 2025 edition of Business Standard.
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