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Foreign exchange & tradeRoutine

Interbank spot dollar trades hit US$ 29.9 billion on September 10

Daily foreign exchange turnover data for September 7 to 11, 2026 show trading picking up through the week after a quiet Monday.

Official title: Foreign Exchange Turnover Data: September 07, 2026 – September 11, 2026 · Press Release 2026-2027/1282

What happened

RBI's routine weekly data cover September 7 to 11, 2026, in US$ million. Interbank spot purchases of foreign currency against the rupee were a low US$ 13.9 billion on September 7 and rose to US$ 29.9 billion on September 10. Swap volumes peaked at US$ 40.9 billion the same day.

Banks' spot purchases from customers ranged from US$ 2.3 billion to US$ 7.6 billion a day. Data are provisional.

What it means for you

No direct effect. This is routine market data showing how much foreign currency is being traded in India.

What it means for businesses

Importers and exporters can see how busy the currency market was. Large forward volumes show many firms are locking in exchange rates to protect against swings.

Read the original

Press release on rbi.org.in ↗ Official PDF ↗

This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.

forex turnoverforeign exchangerupeedollarinterbank marketcurrency trading

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