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RBI Buys $4 Bn, Sells $5Bn in Forwards in Oct 2013

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The monthly RBI Bulletin tells us how RBI trades in the forex market, with a 2 month lag. In October, the RBI bought $9.5 billion (mostly from banks with the FCNR NRI Deposit Swap), and sold $5.6 billion (both in …

[via Capital Mind]

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