RBI's Net Dollar Purchases Reach Record $43.26 Billion in August
The Reserve Bank of India (RBI) net purchased a record $43.26 billion in August, more than double July's $18.65 billion, as per the central bank's bulletin. This surge followed the early closure of the concessional swap facility on August 31, with $52.3 billion mobilized by mid-August. RBI bought $74.47 billion and sold $31.21 billion in August, reversing prior net selling trends and pushing FY27 net purchases to $47.43 billion by August-end.
Business Standard·




