RBI net-sells $644 mn in Novem­ber

The New Indian Express - - PERSONAL FINANCE -

Mum­bai: The Re­serve Bank re­mained a net seller of dol­lars in Novem­ber 2018, sell­ing $644 mil­lion of the green­back on a net basis in the spot mar­ket, ac­cord­ing to the lat­est RBI data. In Novem­ber 2017, RBI had pur­chased $2.570 bil­lion from the spot mar­ket and sold $1.706 bil­lion, while in the re­port­ing month, it bought $3.127 bil­lion from the spot mar­ket, and sold $3.771 bil­lion, the data showed.

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