# RBI: RBI's playing aggressively in currency market in FY25 - The Economic Times

> The RBI's gross currency market interventions through August in FY25 rose sharply from a year earlier, as it bought and sold large amounts of dollars to limit exchange rate volatility. Data showed monthly purchases of up to $23.6 billion and sales of up to $22.6 billion.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/28164-rbi-rbi-s-playing-aggressively-in-currency-market-in-fy25-the-economic-times
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Heavy RBI intervention is smoothing the rupee, which keeps Indian import costs for dollar-priced feed inputs more predictable.

## Read by commodity

- USDINR: neutral

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/markets/forex/rbis-playing-aggressively-in-currency-market-in-fy25/articleshow/114564785.cms

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