Document Title: Foreign Exchange Turnover Data: June 22‑25, 2026
Issuing Authority: Reserve Bank of India
Reference: Press Release 2026-2027/653
Date: 13 July 2026
External sector and currency
The Reserve Bank of India released provisional data on daily merchant and inter‑bank foreign‑exchange transactions for the four‑day period 22 June to 25 June 2026.
On 22 June, merchant spot purchases in the FCY/INR segment were USD 5,977 million, forward purchases USD 2,568 million and forward cancellations USD 2,798 million. In the FCY/FCY segment, spot purchases were USD 615 million, forward purchases USD 325 million and cancellations USD 197 million. Inter‑bank spot purchases in the FCY/INR segment amounted to USD 20,240 million, swaps USD 21,988 million and forward purchases USD 2,614 million; in the FCY/FCY segment, spot purchases were USD 8,971 million, swaps USD 2,607 million and forward purchases USD 1,313 million.
Merchant sales on the same day recorded FCY/INR spot sales of USD 7,414 million, forward sales USD 4,079 million and forward cancellations USD 1,199 million; FCY/FCY spot sales were USD 617 million, forward sales USD 308 million and cancellations USD 197 million. Inter‑bank sales showed FCY/INR spot sales of USD 19,948 million, swaps USD 21,238 million and forward sales USD 2,315 million; FCY/FCY spot sales were USD 8,841 million, swaps USD 2,681 million and forward sales USD 1,313 million.
On 23 June, merchant FCY/INR spot purchases rose to USD 6,424 million, forward purchases to USD 2,193 million and forward cancellations to USD 2,640 million. FCY/FCY spot purchases were USD 490 million, forward purchases USD 359 million and cancellations USD 315 million. Inter‑bank FCY/INR spot purchases reached USD 18,649 million, swaps USD 27,225 million and forward purchases USD 2,594 million; FCY/FCY spot purchases were USD 8,760 million, swaps USD 2,296 million and forward purchases USD 147 million. Merchant sales recorded FCY/INR spot sales of USD 8,268 million, forward sales USD 3,372 million and cancellations USD 1,137 million; FCY/FCY spot sales USD 493 million, forward sales USD 353 million and cancellations USD 318 million. Inter‑bank sales showed FCY/INR spot sales of USD 17,696 million, swaps USD 27,685 million and forward sales USD 2,134 million; FCY/FCY spot sales USD 8,646 million, swaps USD 2,367 million and forward sales USD 147 million.
On 24 June, merchant FCY/INR spot purchases increased to USD 8,353 million, forward purchases to USD 3,614 million and forward cancellations surged to USD 6,114 million. FCY/FCY spot purchases were USD 541 million, forward purchases USD 1,371 million and cancellations USD 1,039 million. Inter‑bank FCY/INR spot purchases reached USD 23,732 million, swaps USD 22,213 million and forward purchases USD 2,667 million; FCY/FCY spot purchases were USD 9,021 million, swaps USD 3,789 million and forward purchases USD 797 million. Merchant sales on 24 June recorded FCY/INR spot sales of USD 7,464 million, forward sales USD 8,111 million and cancellations USD 2,031 million; FCY/FCY spot sales USD 564 million, forward sales USD 1,351 million and cancellations USD 1,040 million. Inter‑bank sales showed FCY/INR spot sales of USD 22,507 million, swaps USD 21,974 million and forward sales USD 3,140 million; FCY/FCY spot sales USD 8,836 million, swaps USD 3,857 million and forward sales USD 798 million.
On 25 June, merchant FCY/INR spot purchases were USD 8,328 million, forward purchases USD 4,064 million and forward cancellations USD 5,583 million. FCY/FCY spot purchases were USD 744 million, forward purchases USD 1,116 million and cancellations USD 866 million. Inter‑bank FCY/INR spot purchases peaked at USD 24,814 million, swaps at USD 25,759 million and forward purchases USD 2,817 million; FCY/FCY spot purchases reached USD 10,150 million, swaps USD 6,288 million and forward purchases USD 350 million. Merchant sales recorded FCY/INR spot sales of USD 8,939 million, forward sales USD 7,346 million and cancellations USD 2,924 million. FCY/FCY spot sales were USD 744 million, forward sales USD 1,114 million and cancellations USD 871 million. Inter‑bank sales showed FCY/INR spot sales of USD 23,309 million, swaps USD 23,735 million and forward sales USD 2,810 million; FCY/FCY spot sales were USD 9,960 million, swaps USD 6,279 million and forward sales USD 351 million.
Overall, the provisional data indicate robust daily foreign‑exchange activity across both merchant and inter‑bank segments, with spot purchase volumes ranging from roughly USD 5.9 billion to USD 8.4 billion for merchants and up to USD 24.8 billion for inter‑bank participants, while forward and swap operations exhibited notable cancellations and variations throughout the period.