Finance
DoggfatherRBI Flexes with $2.52 Billion Dollar Scoop in January
Yo, peep this! The RBI just flexed with a slick $2.52 billion dollar scoop in January, marking their first net buy in eight months, ya feel me? They grabbed $27.99 billion while lettin' go of $25.47 billion, easing the dollar game, but keep an eye on those swap costs, g.
few days ago | Anjali Kumari
Quick rundown
1.RBI became a net buyer of US dollars in January 2026.
2.The central bank's first net purchase in eight months.
3.Shift towards longer-tenor contracts eases near-term pressures.
4.REER of Indian Rupee was 94.05 in February.
5.Higher swap costs may offset benefits during volatility.
