RBI resumes dollar buying, net purchases $254 m in Feb

RBI resumes dollar buying, net purchases $254 m in Feb

The Reserve Bank of India (RBI) net purchased $254 million in the foreign exchange market in February, resuming dollar purchases after a month. The RBI bought $4.38 billion and sold $4.13 billion in the spot market in February, data in the central bank‘s April Bulletin showed. The RBI had net sold $384 million in January. … Read more