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The Economic Times

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RBI's forex forward book swells to record $136.7 billion

The Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that drew overseas deposits. This remarkable growth not only surpassed last months statistics but also eclipsed the previous peak from May, indicating a robust inflow of dollars into the nations financial system.

31 Aug 2026 7:53 pm