📄 Source: Reserve Bank of India · Press Release prid 63129
Quick answerRBI released daily merchant and inter-bank FX turnover for June 8-12, 2026. Figures show spot, forward, and swap transactions in USD millions. Data is provisional and covers both FCY/INR and FCY/FCY pairs.
What changed
RBI published the foreign exchange turnover data for the week June 8-12, 2026. This is a routine weekly release of merchant and inter-bank transaction volumes. No policy changes or new regulations are introduced.
What it means for you
Banks can use this data to gauge market liquidity and activity levels in FX segments. It helps in assessing demand for hedging and speculative positions. The provisional nature means final numbers may be revised.
The rule, in the simplest words
RBI shared numbers for how much foreign money was bought and sold each day from June 8 to 12, 2026.
The numbers are in millions of US dollars and are not final yet (provisional).
They show two types of deals: between foreign money and rupees (FCY/INR), and between two foreign moneys (FCY/FCY).
Deals include spot (immediate), forward (future), and swap (exchange) types.
Merchant deals are for companies; inter-bank deals are between banks.
How it plays out — a real example
Rajesh, a forex dealer at a Mumbai bank, checks the June 10 spot FCY/INR merchant purchase of $6,369 million. He notes high activity and adjusts his bank's pricing for corporate clients accordingly.
What you must do
Review the daily merchant and inter-bank volumes to understand market trends.
Compare with previous weeks to identify shifts in FX activity.
Use data for internal risk management and liquidity planning.
Note that figures are provisional and subject to revision.
Who it affects
Treasury departments of banks, Forex dealers and traders, Risk management teams, Corporate treasuries with FX exposure
What is the source of this data?
The data is released by the Reserve Bank of India as a press release.
Are these final numbers?
No, the data is marked as provisional and may be updated later.
What do 'FCY/INR' and 'FCY/FCY' mean?
FCY/INR refers to foreign currency against Indian rupee; FCY/FCY refers to foreign currency against another foreign currency.
Test yourself
Quick self-check built only from the facts already on this page — tap a question to reveal the answer.
Q1. In one line, what does this circular do?
RBI released daily merchant and inter-bank FX turnover for June 8-12, 2026. Figures show spot, forward, and swap transactions in USD millions. Data is provisional and covers both FCY/INR and FCY/FCY pairs.
Q2. Who does this circular apply to?
Treasury departments of banks, Forex dealers and traders, Risk management teams, Corporate treasuries with FX exposure
Q3. What is the first thing you should do about it?
Review the daily merchant and inter-bank volumes to understand market trends.
💬 Banker Discussion
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Review the daily merchant and inter-bank volumes to understand market trends.
Compare with previous weeks to identify shifts in FX activity.
Use data for internal risk management and liquidity planning.
Note that figures are provisional and subject to revision.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (Treasury departments of banks, Forex dealers and traders, Risk management teams, Corporate treasuries with FX exposure), your first concrete step on “FX Turnover Data: June 8-12, 2026” is: “Review the daily merchant and inter-bank volumes to understand market trends.” (RBI issued this 08 Jun 2026).
Circular: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63129 -- FX Turnover Data: June 8-12, 2026
Issued: 08 Jun 2026
Action required: Review the daily merchant and inter-bank volumes to understand market trends.
Action required: Compare with previous weeks to identify shifts in FX activity.
Action required: Use data for internal risk management and liquidity planning.
Action required: Note that figures are provisional and subject to revision.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
AI-drafted · 1-model AI consensus fact-check · under the editorial review of our expert review panel · decoded & published by BankPulse · 13 Jul 2026, 17:10 IST
Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63129 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert review panel. Independent platform, not affiliated with the Reserve Bank of India; never reproduces RBI text verbatim.
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