July 11, 2018 / 11:31 AM / 5 months ago

RBI net sold $5.8 billion in spot forex in May - bulletin

A rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files

MUMBAI (Reuters) - The Reserve Bank of India (RBI) net sold $5.8 billion in the spot forex market in May, compared with $2.5 billion in April, according to data published in its monthly bulletin on Wednesday.

The central bank’s net outstanding forward dollar purchase stood at $11.25 billion as of May-end, compared with $17.39 billion in April, the bulletin showed.

Reporting by Suvashree Dey Choudhury; Editing by Subhranshu Sahu

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below