RBI’s $239 bn forward dollar position to limit rupee gains: Report
The Reserve Bank of India's net short position of USD 239 billion in the forward market is likely to limit the rupee's appreciation despite a recovery in foreign…
Attributed summary
The Reserve Bank of India's net short position of USD 239 billion in the forward market is likely to limit the rupee's appreciation despite a recovery in foreign portfolio investor (FPI) inflows, according to a report. The Reserve Bank of India's (RBI) forward book stood at a net dollar short position of USD 239 billion as of September 2026, reflecting its commitment to provide dollars when buy-sell swaps mature. This…
Read the original report — Business Standard
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