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, even as the stance contrasted with a net purchase of $1.8 billion in May 2025.

RBI intervenes in forex markets to stabilize the rupee as it approaches record lows amid rising crude oil prices.

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…