RBI turns net seller of US currency in June; sells USD 3.719 billion
In the reporting month, the central bank purchased USD 18.96 billion from the spot market and sold USD 22.679 billion, according to the RBI monthly bulletin for August 2022 released on Thursday
![RBI turns net seller of US currency in June; sells USD 3.719 billion RBI turns net seller of US currency in June; sells USD 3.719 billion](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2022/08/18/195760-rbipti-1.jpg?itok=Qhevz3_O&c=2e9d580825c00dd6294c60f97b86560a)
During the fiscal 2022, the central bank had net purchased USD 17.312 billion. It had bought USD 113.991 billion and sold USD 96.679 billion in the spot market in FY22. Source: PTI