# India central bank's FX forward book swells for 2nd month, underscoring greater rupee defence | Reuters

> The Reserve Bank of India increased its net short dollar forward positions by $4.2 billion in October, the second monthly increase. Analysts say this shows greater reliance on forward markets to defend the rupee. The rupee has been pressured by trade deal talks, weak portfolio inflows and a gold-driven trade deficit.

- Date: 2025-11-28 · published 2025-11-28T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/22234-india-central-bank-s-fx-forward-book-swells-for-2nd-month-underscoring-greater
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Heavier central bank forward intervention signals sustained rupee pressure, which keeps India's dollar-denominated import costs elevated.

## Read by commodity

- USDINR: neutral

## Sources

- reuters.com: https://www.reuters.com/world/india/india-central-banks-fx-forward-book-swells-2nd-month-underscoring-greater-rupee-2025-11-28/?taid=6929bc8137d139000174899d

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