Sale/purchase of U.S. Dollar by the Reserve Bank of India
RBI's foreign exchange intervention — outright and forward US dollar operations, from the monthly RBI Bulletin
Monthly data on the Reserve Bank of India's intervention in the foreign exchange market. Covers outright sale/purchase of US dollars, operations in currency forwards, and the residual-maturity breakdown of outstanding forward positions. Cumulative figures are measured over the end of March. Values in US $ millions unless otherwise stated. Source: Reserve Bank of India Monthly Bulletin, Table 4.
Source
Reserve Bank of India
Latest period
January 2026
Net intervention (January 2026)
2,526 US $ mn
Cumulative (January 2026)
-50,783 US $ mn
Forwards purchase (January 2026)
2,593 US $ mn
Outright sale/purchase (US $ million)
(+) Implies Purchase including purchase leg under swaps and outright forwards. (-) Implies Sales includingsale leg under swaps and outright forwards. Note: This table is based on value dates.
Operations in currency forwards (US $ million)
Maturity breakdown of outstanding forwards (US $ million)