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(22/06/2026 18:42)

RBI net sold USD 8.94 bn in Spot Forex Market in April

The Reserve Bank of India (RBI) was a net seller of USD 8.944 billion in the spot foreign exchange market in April 2026, according to data released in the central bank's monthly bulletin on Monday.

The intervention marks the second consecutive month of net dollar sales by the RBI as it sought to manage volatility in the foreign exchange market and support the Indian rupee.

In March 2026, the central bank had net sold USD 9.758 billion in the spot market, indicating continued intervention amid pressure on the domestic currency.

The RBI's forex market operations are aimed at maintaining orderly market conditions and curbing excessive volatility in the rupee, rather than targeting any specific exchange rate level.
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