HomeAI · summaries
Storia in 3 fonti
RBI likely used dollar deposit surge to cut record FX forward book, economists say
Reserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term dollar obligations effectively. Economists suggest this strategy offset short-dollar positions in the forward market. Inflows attracted over twenty billion dollars, with most from foreign currency deposits. June data will provide further evidence of this reduction in forward liabilities.
Confronto fonti
3 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
RBI says $20 billion mobilised under the special foreign currency scheme
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
- ·
Indian banks mobilise $20.7 billion under RBI's special incentive window
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
- ·
timesofindia.indiatimes.com
India's forex boost: RBI's swap scheme raises $20.72 billion so far
Reserve Bank of India's special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of the money coming through Foreign Currency…
- ·
m.economictimes.com
RBI likely used dollar deposit surge to cut record FX forward book, economists say
Reserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term dollar obligations effectively. Economists…
- ·
RBI sold $6 billion in May to defend oil-hit Indian rupee, data shows
The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank…
- ·
RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: Bulletin
The Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopolitical tensions. India's external sector…
- ·
RBI sold $6.1 billion in May, down from $8.9 billion in April
MUMBAI: RBI remained a net seller in the forex market in May 2026, though the pace of intervention eased, with net dollar sales at $6.1 billion compared to $8.9 billion in April,…