24-July-2026
Markets and Finance
 
RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: Bulletin
23-Jul-2026

The Reserve Bank of India (RBI) was a net seller of $6.1 billion in the foreign exchange market in May, data released on Wednesday showed, as heightened volatility in global energy markets and geopolitical tensions weighed on emerging-market currencies, including the rupee. The central bank purchased $22.2 billion and sold $28.3 billion during the month, resulting in a net sale of $6.104 billion, according to the RBI's July Bulletin. In April, the RBI had sold a net $8.944 billion in the forex market.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/rbi-sold-6-1-bn-in-may-as-oil-weighed-on-the-rupee-with-foreign-inflows-showing-signs-of-revival-bulletin/articleshow/132560451.cms