scorecardresearchActive trading in the market saved RBI from seeking extra capital: Report

Active trading in the market saved RBI from seeking extra capital: Report

Updated: 02 Jun 2022, 11:31 AM IST
TL;DR.
The RBI reduced its balance sheet by over 1.6 trillion during March 2022, largely through the use of foreign currency sell/buy swaps.  Gains from forex transactions increased to 690 billion in FY22 from 506 billion in the previous fiscal.
The RBI transferred  <span class='webrupee'>₹</span>30,307 crore to the government as a dividend for FY22.

The RBI transferred 30,307 crore to the government as a dividend for FY22.