RBI net sold $5.8 billion in spot forex in May - bulletin

Image
Reuters MUMBAI
Last Updated : Jul 11 2018 | 5:05 PM IST

MUMBAI (Reuters) - The Reserve Bank of India (RBI) net sold $5.8 billion in the spot forex market in May, compared with $2.5 billion in April, according to data published in its monthly bulletin on Wednesday.

The central bank's net outstanding forward dollar purchase stood at $11.25 billion as of May-end, compared with $17.39 billion in April, the bulletin showed.

(Reporting by Suvashree Dey Choudhury; Editing by Subhranshu Sahu)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jul 11 2018 | 5:00 PM IST

Next Story