Finance
Mr. BillionhairRBI's Huge Dollar Move: $2.52 Billion Buy in January 2026!
Folks, let me tell you, the Reserve Bank of India just pulled off a massive win! They bought $2.52 billion in January 2026—first time in 8 months! Incredible! Last time they bought was in May 2025. They sold $25.47 billion, but they’re back, folks! The rupee's REER? Not so hot, but trust me, they’ll turn it around! Huge things ahead!
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.