Key Points
The Reserve Bank of India (RBI) bought $7.37 billion in the spot foreign exchange market in May, showed data released on Monday as part of the central bank's monthly bulletin...
In April, the central bank had bought a net of $7.70 billion in the spot market...
The RBI's net outstanding forward purchase stood at $19.27 billion as of end-May, compared with a net purchase of $19.93 billion in April, data showed...
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