RBI steps up dollar sales to $53 billion to defend rupee in FY26

MUMBAI: 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.

Discussion

0 comments

Replying to cancel

GIF Post

Powered by

More from Times of India — Top

Jaishankar condoles Delhi hotel fire deaths, says MEA assisting foreign victims

Times of India — Top·47

Head first into Claude: Anthropic bets big on India

Times of India — Top·44

India's ‘Sudarshan Chakra’ gets more powerful: Fourth S-400 squadron arrives from Russia

Times of India — Top·61

Major upset! World No. 1 Sabalenka crashes out of French Open after QF loss

Times of India — Top·40

Aamir Khan to marry Gauri Spratt on July 5: Times when he talked about his love in public

Times of India — Top·45

‘I was a little bit perturbed’: Trump confirms calling Netanyahu 'crazy'

Times of India — Top·44