24-May-2026
Economy News
 
RBI steps up dollar sales to $53 billion to defend rupee in FY26
23-May-2026

RBI stepped up dollar sales in FY26 to manage exchange rate volatility. The central bank recorded a total net sale of $53.1 billion over the course of the fiscal year an increase of $12 billion compared to net sales of $41.1 billion in FY25. Despite temporary periods of dollar accumulation, the central bank maintained a decisive stance as a net seller of foreign currency across both fiscal years

News Source:- https://timesofindia.indiatimes.com/business/india-business/rbi-steps-up-dollar-sales-to-53-billion-to-defend-rupee-in-fy26/articleshow/131270439.cms
 
 
 

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