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Dec 12, 2017
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RBI net buys $852 mn of US currency in October
The Reserve Bank continued to remain a net purchaser of dollar in October after it bought USD 852 million in October from the spot market. Though the pace of dollar accretion slowed in October as compared to the last month. In the reporting month, the Reserve Bank bought USD 1.910 billion, while it sold USD 1.058 billion of the US currency in the spot market, according to the latest RBI data.
Source -
http://www.moneycontrol.com
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