RBI: RBI’s dollar purchases in Feb highest since June 2021
Mumbai: The Reserve Bank of India (RBI) bought $8.5 billion in the foreign exchange market on a net basis in February, the highest net purchase by the central bank in 32 months, latest data showed. In January, the RBI had net purchased $1.9 billion in the spot market, the central bank’s April 2023 Bulletin showed. … Read more