Document title: Foreign Exchange Turnover Data: May 04‑08, 2026
Issuing authority: Reserve Bank of India
Reference: Press Release 2026-2027/480
Date: 18 June 2026
External Sector and Currency
The RBI released provisional foreign‑exchange turnover data for the week 4‑8 May 2026 covering merchant and inter‑bank transactions. Merchant spot purchases ranged from USD 4.69 billion on 8 May to USD 5.76 billion on 4 May, while forward purchases varied between USD 1.25 billion and USD 2.45 billion. Cancellations of forward contracts for merchants were between USD 1.25 billion and USD 4.13 billion. Inter‑bank spot purchases peaked at USD 23.67 billion on 7 May, with forward purchases reaching USD 31.08 billion the same day. Swap volumes in the inter‑bank segment were between USD 22.38 billion and USD 31.08 billion. Merchant sales spot amounts were between USD 4.64 billion and USD 6.45 billion, with forward sales from USD 2.55 billion to USD 5.24 billion. Inter‑bank sales spot peaked at USD 23.26 billion on 7 May, with forward sales up to USD 2.99 billion.
Capital Markets and Flows
The data provides a detailed breakdown of spot, forward, swap and cancellation volumes for both purchases and sales across merchant and inter‑bank segments, indicating robust activity in the foreign‑exchange market during the reported week. All figures are provisional and expressed in USD millions.
The release underscores the magnitude of daily FX turnover and serves as a reference point for market participants monitoring currency flows and liquidity conditions.