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RBI bought $1.9 bn in Oct

In Sept, the central bank had sold $60 mn, net of purchase

dollar

BS Reporter Mumbai

The Reserve Bank of India purchased, net of sales, $1.934 billion of dollars in October, data released on Thursday showed.

In September, the RBI had sold $60 million, net of purchase.

The gross purchase was $6.996 billion and sales were $5.062 billion. The outstanding net forward position of RBI was at $2.452 billion.

The gross flow in non-resident Indian deposits between April-September was at $10.114 billion, up from $6.473 billion a year ago. The outstanding NRI deposit as on September was at $121.840 billion.

 

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First Published: Dec 11 2015 | 12:37 AM IST

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