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RBI Bought Net $3.99 Billion In Spot Forex Market in December

The Reserve Bank of India bought a net $3.99 billion from the spot foreign exchange market in December compared to a net purchase of $10.26 billion in December; its monthly bulletin released showed. The RBI bought $10.01 billion while it sold $6.02 billion in December, data showed. The rupee had moved in a range of 73 to 73.96 per dollar in December.

Source: Times of India

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