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RBI's December Drama: $10 Billion Sold, Who's Next?

RBI's December Drama: $10 Billion Sold, Who's Next?

Ladies and gentlemen, brace yourselves! The Reserve Bank of India just pulled the curtain back on a jaw-dropping $10 billion sold in December, eclipsing November's $9.7 billion! With $18.3 billion bought and $28.3 billion sold, the dollar drama is hotter than a wrestling ring! The short dollar position is now at $62.35 billion—this is financial chaos at its finest!

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.

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