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 rupee with derivatives.

The Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating significant interventions to shield the rupee…

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 rupee with derivatives.