Wednesday, 30 September 2026Updated 8m ago
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Policy● Neutral for Indian equities

India central bank's FX blitz drains nearly $20 billion from surplus liquidity, bankers say

1 source · first seen 12:46 29 Sept · updated 12:46 29 Sept

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29 stories this week
  1. 30 SeptIndia RBI's FX forward book tipped to shrink after touching $200 billionMarket move · 2 sources
  2. 28 SeptIndia forex reserves surge to a record high in September and to provide cover for 11.2 months of goods imports, says RBIData · 1 source · Forex reserves hit a record high in September, covering 11.2 months of goods imports
  3. 28 SeptIndia's forex reserves fall $14.89 billion to $766 billionData · 1 source · Forex reserves fell $14.89 billion to $766 billion in the week ended September 18
  4. 27 SeptRussian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FM1 source · Russia increased oil supplies to India amid West Asian conflict disruptions
  5. 25 SeptEconomy resilient with downside risks from West Asia conflict: RBI bulletinData · 1 source
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1 report · earliest 12:46
ReutersIndia central bank's FX blitz drains nearly $20 billion from surplus liquidity, bankers say12:46