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Listen to this article in summarized format The transactions pushed the RBI's net forward dollar sales position to a record $200.06 billion at the end of August, up from $136.77 billion a month earlier. Read more: RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay Malhotra The RBI has been managing substantial dollar inflows following measures introduced in June to attract foreign currency through non-resident Indian deposits and overseas borrowings by banks and public sector companies. Banks brought in dollars under these schemes and swapped them with the central bank, allowing the RBI to absorb the inflows while managing their impact on the rupee. Read more: RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons The measures attracted more than $127 billion by the August 31 deadline, data showed. The RBI's foreign exchange reserves peaked at $785 billion in early September. At the same time, the RBI has been intervening in the foreign exchange market to moderate volatility in the rupee amid geopolitical uncertainty, elevated oil prices, and pressure on capital flows. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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