Document title: Foreign Exchange Turnover Data: June 29 – July 03, 2026
Issuing authority: Reserve Bank of India
Reference number: 2026‑2027/869
Date: 12 August 2026
External sector and currency
The Reserve Bank of India published provisional daily merchant and inter‑bank foreign exchange turnover for the week 29 June to 3 July 2026. Merchant transactions are split between FCY/INR and FCY/FCY, with spot, forward and cancellation of forwards reported. On 30 June, merchant spot purchases of FCY/INR reached USD 8,830 million and forward purchases USD 3,828 million, the highest in the period. Merchant spot sales of FCY/INR peaked on 29 June at USD 9,448 million, with forward sales of USD 4,912 million. Inter‑bank spot purchases of FCY/INR varied from USD 14,445 million on 3 July to USD 22,925 million on 29 June, while inter‑bank spot sales of FCY/INR ranged from USD 13,672 million on 3 July to USD 20,937 million on 29 June. Inter‑bank swaps and forwards are also detailed, with swap purchases reaching USD 35,314 million on 30 June and forward purchases peaking at USD 2,221 million on 2 July. FCY/FCY transactions are reported similarly, with merchant spot purchases ranging between USD 304 million and USD 1,289 million, and inter‑bank spot purchases between USD 5,744 million and USD 10,043 million.
Regulatory and policy measures
The data are presented as provisional and are released under press release number 2026‑2027/869. The release was authored by Deputy General Manager Ajit Prasad of the RBI Communications division. No policy changes or regulatory actions are indicated in the release; it serves solely as a statistical disclosure of foreign exchange market activity for the specified week.
The RBI’s weekly FX turnover snapshot highlights the scale of both merchant and inter‑bank foreign exchange activity, with notable peaks in spot and forward transactions during the reporting period, and confirms the provisional nature of the data as communicated by senior RBI officials.