<p class="title">The Reserve Bank of India remained a net purchaser of the US dollar in November as it bought USD 6.928 billion from the spot market, central bank data showed.</p>.<p class="bodytext">The RBI had bought USD 7.458 billion of the greenback and sold USD 530 million in the spot market in the reporting month.</p>.<p class="bodytext">In October, the RBI had net bought USD 7.102 billion of the US currency.</p>.<p class="bodytext">It had purchased USD 7.302 billion and sold USD 200 million in the spot market.</p>.<p class="bodytext">In November 2018, the RBI had net sold USD 644 million, buying USD 3.127 billion from the spot market and selling USD 3.771 billion.</p>.<p class="bodytext">In FY19, the apex bank was a net seller of dollars, offloading USD 15.377 billion in the spot market. It had bought USD 40.804 billion and sold USD 56.181 billion in the year to March 2019.</p>.<p class="bodytext">In FY18, the RBI had net purchased USD 33.689 billion from the spot market. Its total dollar purchase was at USD 52.068 billion, while it sold only USD 18.379 billion.</p>.<p class="bodytext">In the forward dollar market, the outstanding sales at the end of November stood at USD 6.143 billion, compared to sale of USD 7.473 billion in October, the data showed..</p>
<p class="title">The Reserve Bank of India remained a net purchaser of the US dollar in November as it bought USD 6.928 billion from the spot market, central bank data showed.</p>.<p class="bodytext">The RBI had bought USD 7.458 billion of the greenback and sold USD 530 million in the spot market in the reporting month.</p>.<p class="bodytext">In October, the RBI had net bought USD 7.102 billion of the US currency.</p>.<p class="bodytext">It had purchased USD 7.302 billion and sold USD 200 million in the spot market.</p>.<p class="bodytext">In November 2018, the RBI had net sold USD 644 million, buying USD 3.127 billion from the spot market and selling USD 3.771 billion.</p>.<p class="bodytext">In FY19, the apex bank was a net seller of dollars, offloading USD 15.377 billion in the spot market. It had bought USD 40.804 billion and sold USD 56.181 billion in the year to March 2019.</p>.<p class="bodytext">In FY18, the RBI had net purchased USD 33.689 billion from the spot market. Its total dollar purchase was at USD 52.068 billion, while it sold only USD 18.379 billion.</p>.<p class="bodytext">In the forward dollar market, the outstanding sales at the end of November stood at USD 6.143 billion, compared to sale of USD 7.473 billion in October, the data showed..</p>