{
  "id": 18299561,
  "title": "Foreign Exchange Turnover Data: October 12, 2026 – October 16, 2026",
  "url": "https://urgent.news/2026/11/05/foreign-exchange-turnover-data-october-12-2026-october-16-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T12:06:51.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63928"
  },
  "original_language": "en",
  "account": "On October 12, 2026, the Reserve Bank of India published foreign exchange turnover data for the period October 12-16, 2026. Breakdown of daily transactions shows merchant transactions totaling $1,575 million and inter-bank transactions totaling $2,544 million. Spot purchase transactions were recorded at $1,466 million, while forward cancellation of forwards amounted to $684 million.\n\nInter-bank transactions on October 13, 2026, were $1,685 million, with spot purchases at $1,653 million and forward cancellations of forwards at $313 million. Spot swap forwards saw a total of $2,597 million.\n\nFor October 14, 2026, merchant transactions reached $6,243 million, while inter-bank transactions totaled $3,581 million. Spot purchases came to $1,849 million, with forward cancellations of forwards at $1,160 million.\n\nOn October 15, 2026, merchant and inter-bank transactions were $6,307 million and $1,307 million respectively. Spot purchases amounted to $1,367 million, and forward cancellations of forwards stood at $629 million.\n\nLastly, for October 16, 2026, merchant transactions amounted to $5,877 million, while inter-bank transactions totaled $1,539 million. Spot purchases were recorded at $2,286 million, and forward cancellations of forwards were $523 million.",
  "summary": "The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 12, 2026 – October 16, 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": [
    "Merchant transactions totaled $1,575 million on October 12-16, 2026.",
    "Inter-bank transactions reached a peak of $3,581 million on October 14, 2026.",
    "Spot purchases were highest at $2,286 million on October 16, 2026."
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/18299561.png",
  "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."
}