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RBI sells net $10.02 billion in Dec to curb rupee volatility
The New Indian Express Kozhikode
|February 21, 2026
THE Reserve Bank of India (RBI) sold a net $10.02 billion in the foreign exchange market in December to contain volatility in the rupee, according to data released in the central bank’s monthly bulletin on Friday.
As per the bulletin, the RBI purchased $18.33 billion and sold $28.35 billion during the month. The net sale was over 3% higher than in November, when the RBI had sold a net $9.7 billion in the market. The rupee fell to a then record low of 91.0750 on December 16, pressured by concerns over a trade stalemate with the US and persistent foreign portfolio outflows. “Rupee depreciated against the US dollar in January in the wake of foreign portfolio outflows and uncertainty surrounding the India-US trade deal. In February, with net foreign portfolio flows turning positive, the INR recovered from its
This story is from the February 21, 2026 edition of The New Indian Express Kozhikode.
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