RBI Net Bought $43.26 Billion in FX Market in August
The Reserve Bank of India bought $74.47 billion and sold $31.21 billion, for net purchases of $43.26 billion. It bought a net $18.6 billion in July.
Data released on Friday showed the Reserve Bank of India was a net buyer of $43.26 billion in the foreign exchange market in August. The RBI’s monthly bulletin said it bought $74.47 billion and sold $31.21 billion. Its net purchases in July were $18.6 billion, reflecting a sur…