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RBI Cuts Short Dollar Positions to $65.2 Billion
Mint Chennai
|July 01, 2025
India's central bank lowered short dollar positions in the derivatives market for a third successive month in a rejig of its intervention strategy under new chief Sanjay Malhotra.
The net book was $65.2 billion short in the forwards market as of May, Bloomberg calculations from RBI data showed. This compares with $72.6 billion as of end-April and a record of $88.8 billion in February.
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