Wednesday, May 18, 2022 | Last Update : 06:23 AM IST

foreign exchange market

RBI to offer USD 2 billion worth American dollars to soothe forex market

Decided to undertake six-month US Dollar sell/buy swaps to provide liquidity to the foreign exchange market: central bank

12 Mar 2020 6:01 PM

RBI remains net seller of US dollar in Oct; sells USD 7.2 billion

Central bank purchased USD 945 million, while sold USD 8.149 billion in the spot market, according to the data.

11 Dec 2018 6:22 PM

RBI defends 72 rupee per dollar mark strongly: dealers

After briefly slipping to 72.04 to the dollar in early trade, the Indian rupee stayed above the 72 mark for most of the day.

07 Sep 2018 1:56 PM

RBI net buys USD 1.665 billion of US currency in February

RBI's intervention in the foreign exchange market is to curb volatility in the rupee and not to target a price band.

11 Apr 2018 8:26 AM

RBI net buys USD 852 million of US currency in October

Central bank's intervention in foreign exchange market is to curb volatility in rupee and not to target a price band.

12 Dec 2017 10:25 AM

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RBI net dollar purchase in August at USD 3.226 billion

RBI's intervention in the foreign exchange market is to curtail volatility in the rupee market.

10 Oct 2017 7:45 PM

RBI net dollar purchase in July at $2.9 billion

RBI intervenes in the foreign exchange market to contain volatility in the rupee market.

11 Sep 2017 7:53 PM

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