The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July.
During the current financial year up to August, the central bank had sold a net $1.11 billion.
The RBI sold a net total of $6.49 billion worth of the foreign currency in August, according to the central bank's monthly bulletin. The RBI bought $16.14 billion, while it sold $22.63 billion of the foreign currency in August. The central bank had recorded a net purchase of $6.93 billion in the spot market in July.
Bu hikaye Business Standard dergisinin October 22, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin October 22, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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