India RBI's FX forward book touches record $200 billion
Net forward dollar liabilities rose to a record $200 billion in August, up $63 billion month on month.
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India RBI's FX forward book tipped to shrink after touching $200 billion
MUMBAI, Sept 30 (Reuters) — The Reserve Bank of India's net forward dollar liabilities climbed to a record $200 billion in August, data released on Wednesday showed, as the central bank absorbed a surge in one-off policy-induced dollar inflows. The forward liabilities increased by $63 billion month-on-month in August after reaching nearly $137 billion in July. com; +91-8769636545;)