The net outstanding forward sale stood at $49.18 billion in October as compared to the net sale of $14.58 billion in September.
The RBI said in the monthly bulletin that it had purchased $27.5 billion and sold $36.78 billion during October. As against this, the central bank has bought a net of $9.64 billion in the spot market in September.
This story is from the December 25, 2024 edition of The New Indian Express Kochi.
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This story is from the December 25, 2024 edition of The New Indian Express Kochi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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