RBI HOLDS RECORD $136 BILLION SHORT DOLLAR POSITION TO DEFEND RUPEE
The Reserve Bank of India built a record $136.77 billion net short US dollar forward book. A short position means the RBI agreed to sell dollars and buy rupees on future dates, curbing currency depreciation without depleting current spot reserves, though creating significant future delivery commitments.
180
43
7
5
2September 4, 2026 5.4K 3 17
