{
  "id": 12859590,
  "title": "Foreign Exchange Turnover Data: August 31, 2026 – September 04, 2026",
  "url": "https://urgent.news/2026/10/08/foreign-exchange-turnover-data-august-31-2026-september-04-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T11:58:18.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63759"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India recently published the foreign exchange turnover data for the period between August 31, 2026 and September 4, 2026. The figures, expressed in USD millions, provide a glimpse into the daily merchant and inter-bank transactions involving foreign currency against the Indian Rupee.\n\nOn August 31, 2026, the daily merchant turnover in foreign exchange transactions amounted to 8,198 million USD, while the inter-bank turnover was 3,896 million USD. The foreign exchange spot market saw a turnover of 2,265 million USD, with 350 million USD in forwards cancellations and 450 million USD in spot forwards. Swap forward transactions totaled 3,483 million USD, and forward swap purchases reached 5,608 million USD.\n\nOn September 1, 2026, the merchant turnover increased to 10,532 million USD, while inter-bank transactions reached 2,093 million USD. Spot market turnover was 2,449 million USD, with 373 million USD in forwards cancellations and 171 million USD in spot forwards. Swap forward transactions stood at 4,374 million USD, with forward swap purchases amounting to 5,576 million USD.\n\nSeptember 2, 2026, saw a decline in merchant turnover to 5,590 million USD and inter-bank turnover to 1,890 million USD. The spot market turnover was 1,648 million USD, with 363 million USD in forwards cancellations and 210 million USD in spot forwards. Swap forward transactions were 3,581 million USD, with forward swap purchases reaching 6,548 million USD.\n\nOn September 3, 2026, merchant turnover dropped further to 4,469 million USD, while inter-bank turnover decreased to 3,118 million USD. Spot market turnover was 1,869 million USD, with 397 million USD in forwards cancellations and 345 million USD in spot forwards. Swap forward transactions were 3,909 million USD, with forward swap purchases amounting to 8,053 million USD.\n\nFinally, on September 4, 2026, merchant turnover reached 3,652 million USD, while inter-bank turnover was 1,693 million USD. The spot market turnover stood at 2,622 million USD, with 296 million USD in forwards cancellations and 178 million USD in spot forwards. Swap forward transactions totaled 2,551 million USD, with forward swap purchases reaching 1,200 million USD.",
  "summary": "The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 31, 2026 – September 04, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Cancellation of Forwards Spot Forward Cancellation of Forwards Spot Swap Forward Spot Swap Forward…",
  "key_points": [
    "August 31, 2026, merchant turnover at 8,198 million USD",
    "September 1, 2026, merchant turnover increased to 10,532 million USD",
    "September 4, 2026, merchant turnover at 3,652 million USD"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/12859590.png",
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "Foreign Exchange Turnover Data: September 21, 2026 – September 25, 2026",
        "url": "https://urgent.news/2026/10/08/foreign-exchange-turnover-data-september-21-2026-september-25-2026",
        "published": "2026-10-08T11:58:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}