RBI buys net $8.52 bn in H1FY25

LENDING SUPPORT

- ANJALI KUMARI

The Reserve Bank of India (RBI) was a net buyer of dollars in the first half of the current financial year (April-September) with $8.52 billion purchased during the period.

In the first half of the previous financial year, the central bank had bought a net $17.68 billion worth of the foreign currency.

In the current calendar year up to September, RBI had bought a net $32.27 billion.