{
  "id": 16265671,
  "title": "RBI net forex buys hit a record $43 billion in August, balances it with swaps",
  "url": "https://urgent.news/2026/10/24/rbi-net-forex-buys-hit-a-record-43-billion-in-august-balances-it-with",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T02:20:15.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/forex/forex-news/rbi-net-forex-buys-hit-a-record-43-billion-in-august-balances-it-with-swaps/articleshow/135159794.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significant dollar inflows from the FCNR(B) scheme and overseas borrowings. Despite the net purchase, foreign exchange reserves did not increase due to large forex sell/buy swaps. By August 31, measures attracted over $127 billion, aiding the RBI's operations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}