Finance
Mr. BillionhairRBI's $10 Billion December Sale: A Record-Breaking Triumph!
Folks, the RBI is crushing it! In December, they sold a staggering $10 billion—up from November's tiny $9.7 billion! They bought $18.3 billion and sold a jaw-dropping $28.3 billion. Total sales this year? A record $53.3 billion! The dollar short position is shrinking, folks! The rupee is holding strong, believe me!
few days ago | Anjali Kumari
Quick rundown
1.RBI net sold $10 billion in December.
2.Net short dollar position fell to $62.35 billion.
3.REER of Indian rupee stood at 94.76 in January 2026.
4.Short positions under one year decreased by $7 billion.
5.RBI's forex activity impacts rupee's global competitiveness.
Quick rundown
1.RBI net sold $10 billion in December.
2.Net short dollar position fell to $62.35 billion.
3.REER of Indian rupee stood at 94.76 in January 2026.
4.Short positions under one year decreased by $7 billion.
5.RBI's forex activity impacts rupee's global competitiveness.