Reserve Bank of India turns net buyer of dollars in April, shows data

According to the latest data, the RBI purchased $1.96 billion in April

Mumbai: A security personal outside Reserve Bank of India (RBI) headquarters, in Mumbai, Wednesday, June 8, 2022. (PTI Photo
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The rupee has depreciated 4.8 per cent against the dollar in 2022.

Manojit Saha
After selling $20 billion in March in the foreign exchange market in March, the Reserve Bank of India turned net buyer of dollars in April. 

According to the latest data, the RBI purchased $1.96 billion in April. 
 
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First Published: Jun 17 2022 | 12:43 AM IST

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