← Top stories
Data● Neutral for Indian equities
RBI net dollar purchases hit record $18.65 bn in July: Monthly bulletin
The brief
- RBI net dollar purchases reached a record $18.65 bn in July, driven by a concessional swap facility
- RBI’s outstanding net forward-market short position surged to a record $136.77 bn
- RBI’s dollar buying and forward positions may affect rupee liquidity and Indian banks’ currency-market conditions
- Gold, Silver Face Another Choppy Spell This Week As US Data, West Asia Tensions Take Centre Stage: Analysts
- Forex reserves drop $14.9 billion to $766 billion, sharpest weekly fall since November 2024
- Dollar falls as oil cools but set for weekly gain; yen rallies
- ‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now.
- Yen gains after Japan’s finance minister signals readiness for bold action