Live Markets »News & Advice»Market News»Market News Details
Market News Details
Back

RBI sold net $2.3 bn in forex mkt; dollar purchases stood at $5.7 bn in Aug

Reuters/Mumbai 11 Oct 18 | 05:27 PM

Illustration by Binay Sinha

The Reserve Bank of India sold a net $2.34 billion rupees in the foreign exchange market in August versus $1.87 billion in July, its monthly bulletin showed on Thursday.

Related Stories

    No Related Stories Found
Widgets Magazine

The net dollar purchases in the forward market stood at $5.7 billion as of end-August, it said.

The rupee started hitting a series of record lows in late July and moved in a wide band of 68.26 to 71.01 per dollar in August. On Thursday, the unit was last traded at 74.14 per dollar versus its previous close of 74.21 after hitting a life low of 74.4850 early in the session.

Widgets Magazine

Sensex

Company Price Gain (%)
Infosys691.801.88
ITC279.651.80
Wipro321.501.74
Sun Pharma.Inds.597.501.16
Reliance Inds.1,139.301.15

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine