The Reserve Bank of India faces a $106.7 billion short dollar position, as the rupee resumes declines after temporary gains from recent support measures.
RBI's short dollar forward position had reached a record $106.7 billion in May
Jul 10, 2026
09:36 am
What's the storyThe Reserve Bank of India (RBI) is facing a major challenge in unwinding its massive short dollar position without destabilizing the currency market.
In the last two years, the central bank has built one of the world's largest bearish dollar bets to support a weak rupee.
RBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar…
The Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May,…
The Reserve Bank of India's net-short dollar book has hit a record $110-115 billion as the central bank fights to stabilize the…
After sustained intervention by the Reserve Bank of India's (RBI) to support the rupee during a period of heightened volatility…
The Reserve Bank of India's net short dollar forward book reached a record $107 billion in May 2026 as the central bank defends…
The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the…
