RBI remains net buyer of US currency in May; buys $2 billion
Updated: 17 Jul 2022, 02:37 PM IST
TL;DR.
In the reporting week, the Reserve Bank of India (RBI) purchased USD 10.143 billion from the spot market and sold USD 8.142 billion, according to the RBI's bulletin for July 2022, released on Saturday.FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration