RBI Uses Dollar Deposits to Tidy Up FX Forward List

So, the Reserve Bank of India is like, using some of that foreign-currency cash to tidy up their big ol' FX forward list! They raked in over $20 billion, but only $3 billion made it to the reserve bash! Economists are scratching their heads, wondering how this will help the rupee. It's a bit of a puzzle, folks, but hey, who doesn’t love a good mystery?