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The RBI's net short dollar forward position reached a record $239.2bn at end-September, up from $200.06bn at end-August. The increase came mainly from a concessional swap window for banks to mobilise FCNR(B) deposits, which was launched to defend the rupee against crude oil shocks.
The central bank's heavy forward commitments signal active intervention to support the rupee, which limits near-term currency pressure on dollar-priced feed and energy imports.
flashfinance.newsNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
