RBI's record dollar sales stabilize rupee in FY26
The Reserve Bank of India achieved record net dollar sales of $53.13 billion in FY26, up from $41.1 billion in FY25, to stabilize the rupee amid global uncertainties. This proactive approach helped reduce volatility in the foreign exchange market.
pre-market1 source ↓written by the desknot a recommendation
- in FY25
- $41.1 billion
- in October
- $11.88 billion
The Reserve Bank of India (RBI) reported net dollar sales of $53.13 billion in FY26, the highest ever recorded. This intervention was crucial in maintaining stability in the foreign exchange market and reducing volatility for the Indian rupee.
• Increased from $41.1 billion in FY25
• Peak sales of $11.88 billion in October
• Strategic actions taken amid global uncertainties
These measures reflect RBI's commitment to safeguarding India's economic fundamentals.
Not investment advice. For informational purposes only.