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Reserve Bank's FY26 income gets Rs 1.69 lakh crore forex boost
The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems from selling dollars to protect the rupee. The central bank also reported substantial earnings from its investments in foreign securities. A record 2.87 trillion rupees will be transferred to the federal government.
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thehindubusinessline.com
RBI records highest-ever dollar sales to defend rupee in FY26
RBI recorded its biggest forex intervention in FY26, selling a record $53 billion to support the rupee amid tariff fears and capital outflows.
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economictimes.indiatimes.com
Reserve Bank's FY26 income gets Rs 1.69 lakh crore forex boost
The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems…
