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The Economic Times

Business

RBI net absorbed $561 million in June as inflows picked up

RBI Reserve Bank of India Gold

The Reserve Bank of India bought a net $561 million in the foreign exchange market in June, data released on Tuesday showed, reflecting the impact of likely interventions, swap maturities and absorption of capital inflows.

The RBI said in its monthly bulletin that it purchased $30.89 billion ‌and sold $30.33 ⁠billion ⁠in June.

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