Dollar-rupee swaps reach US$ 37.2 billion in a day on September 25
Daily foreign exchange turnover data for September 21 to 25, 2026 show interbank swap trading rising toward the end of the week.
Official title: Foreign Exchange Turnover Data: September 21, 2026 – September 25, 2026 · Press Release 2026-2027/1284
What happened
RBI's routine weekly data cover September 21 to 25, 2026, in US$ million. Interbank spot purchases of foreign currency against the rupee ranged from US$ 15.6 billion to US$ 24.1 billion a day. Swap deals were bigger, rising to US$ 37.2 billion on September 25.
Banks' spot purchases from customers ranged from US$ 5.0 billion to US$ 8.7 billion a day. Trading in other currency pairs, not involving the rupee, was busier than usual on September 22 and 24, above US$ 10 billion. 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.