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

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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