Finance
EnglishRBI makes a splash with $2.52 billion dollar buy in January!
In January 2026, the Reserve Bank of India decided to play the dollar game, buying a whopping $2.52 billion! This was the first time in eight months that they were on the buying side. They bought $27.99 billion and sold $25.47 billion, shifting towards longer contracts. It’s like they’re pushing their dollar worries further down the road while trying to dodge external shocks!
few hours ago | Anjali Kumari
Quick rundown
1.RBI became a net buyer of US dollars in January 2026.
2.The central bank's first net purchase in eight months.
3.Shift towards longer-tenor contracts eases near-term pressures.
4.REER of Indian Rupee was 94.05 in February.
5.Higher swap costs may offset benefits during volatility.
Quick rundown
1.RBI became a net buyer of US dollars in January 2026.
2.The central bank's first net purchase in eight months.
3.Shift towards longer-tenor contracts eases near-term pressures.
4.REER of Indian Rupee was 94.05 in February.
5.Higher swap costs may offset benefits during volatility.