Central bank purchases $50 million from banks after three-month hiatus
The central bank has resumed dollar purchases, acquiring $50 million from four commercial banks following a three-month pause.
The Business Standard1 September 2026, 11:50 PM0 readsAMP
After a hiatus lasting three months, the central bank has resumed its purchase of US dollars from the market. The institution acquired $50 million from four different commercial banks, marking its first such transaction since May 20. This move comes amidst a period of declining exchange rates.
