Foreign Exchange Turnover Data: October 19, 2026 – October 23, 2026

The Reserve Bank of India published daily foreign exchange turnover statistics for the period from October 19, 2026 to October 23, 2026. The data encompasses both merchant and inter-bank transactions, with figures presented in USD millions.

On October 19, 2026, merchant transactions amounted to 7,522 million USD, while inter-bank transactions were recorded at 7,554 million USD. Forward contracts were cancelled for a total of 929 million USD, including spot (409 million USD) and forward (520 million USD) swaps. Swap purchases reached 13,232 million USD.

The following day, October 21, 2026, merchant transactions slightly increased to 7,863 million USD, whereas inter-bank transactions decreased to 7,863 million USD. Forward contracts saw a cancellation of 2,147 million USD, with spot (1,199 million USD) and forward (948 million USD) swaps. Swap purchases amounted to 18,514 million USD.

On October 22, 2026, merchant transactions continued to grow to 9,684 million USD, while inter-bank transactions increased to 18,514 million USD. Forward contract cancellations totaled 1,243 million USD, with spot (1,186 million USD) and forward (57 million USD) swaps. Swap purchases reached 22,338 million USD.

Finally, on October 23, 2026, merchant transactions peaked at 11,621 million USD, while inter-bank transactions reached 25,576 million USD. Forward contract cancellations totaled 2,457 million USD, with spot (3,171 million USD) and forward (186 million USD) swaps. Swap purchases amounted to 25,576 million USD.

Overall, the data reveals a steady increase in both merchant and inter-bank foreign exchange transactions throughout the four-day period, with consistent high volumes in spot and forward swap transactions.