After sustained intervention by the Reserve Bank of India's (RBI) to support the rupee during a period of heightened volatility triggered by the Middle East conflict, the central bank's net short forward position in the foreign exchange market widened to a record $106.6 billion in May, up from $95 billion in April, ET reported.

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.

After sustained intervention by the Reserve Bank of India's (RBI) to support the rupee during a period of heightened volatility triggered by the Middle East conflict, the central…

The Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank intervention. Market flows for arbitrage…