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RBI purchases $518 mn in April

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BS Reporter Mumbai
The Reserve Bank of India (RBI) purchased $518 million dollars in the month of April on net basis, according to data released by the central bank today.

RBI purchased $3,298 million while sold $2,780 million in the month.

In March it had purchased $820 million dollars on net basis. Its outstanding net forward sales came down to $8.2 billion in April from $ 11 billion in March.


 

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First Published: Jun 11 2013 | 12:39 AM IST

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