# India's central bank sold net $9.8 billion in March as Iran war battered rupee, bulletin shows | MarketScreener UK

> The Reserve Bank of India sold a net $9.76 billion of dollars in March, reversing two months of net purchases as the Iran war weakened the rupee. The rupee fell 4% that month, its steepest monthly drop in over six years, and the RBI's net outstanding forward dollar sales rose to $103.06 billion.

- Date: 2026-05-22 · published 2026-05-22T12:00:00.000Z
- Category: report · region India · magnitude medium
- Page: https://feedsoft.ai/events/19559-india-s-central-bank-sold-net-9-8-billion-in-march-as-iran-war-battered-rupee
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Large central bank dollar sales show the scale of intervention needed to defend the rupee against energy-driven outflows. Continued intervention can cushion but not prevent further currency weakness that raises Indian import costs.

## Read by commodity

- USDINR: bullish ▲

## Sources

- uk.marketscreener.com: https://uk.marketscreener.com/news/india-s-central-bank-sold-net-9-8-billion-in-march-as-iran-war-battered-rupee-bulletin-shows-ce7f5adfde8bf62c

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.