Finance
DoggfatherRBI's December Hustle: $10 Billion Sold, Baby!
Yo, listen up! The RBI just flexed with a smooth $10 billion sold in December, up from $9.7 billion in November, straight from the monthly bulletin. They bought $18.3 billion but let go of $28.3 billion, keepin’ their game tight this fiscal year with a net sale of $53.3 billion, up from $36.1 billion last year. Short dollar positions dropped to $62.35 billion, down from $66.04 billion. Keep it cool, g!
few days ago | Anjali Kumari
Quick rundown
1.RBI net sold $10 billion in December.
2.Net short dollar position fell to $62.35 billion.
3.REER of Indian rupee stood at 94.76 in January 2026.
4.Short positions under one year decreased by $7 billion.
5.RBI's forex activity impacts rupee's global competitiveness.
