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RBI sells record $20.2 billion in November to curb forex market volatility

Business Standard LogoBusiness Standard12h ago

RBI sells record $20.2 billion in November to curb forex market volatility - Business Standard

Quick Summary:

Forward book dollar deficit ballooned to $58.

In the previous financial year, the RBI net bought $41.27 billion.

The RBI was a net buyer of dollars in the first half of the current financial year (April–September), purchasing $8.52 billion during the period.


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RBI sells record $20.2 billion in November to curb forex market volatility - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 21:18:14 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25221544

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 265 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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