India’s Reserve Bank (RBI) sells foreign currency to manage liquidity and exchange-rate conditions, with its latest figures showing a decline in May compared with April. According to reports, the RBI sells $6.1 billion in May, which is lower than $8.9 billion sold in April. Both outlets attribute the change to broader currency pressures, including the impact of oil prices on the rupee. In May, reduced sales suggest either a comparatively softer set of pressures than in April or different market conditions affecting the need for intervention. The reporting presents the numbers as part of the RBI’s regular foreign-exchange operations rather than a standalone event, with the key emphasis on the month-on-month change in the amount sold. Overall, the sources agree on the core data points—$6.1 billion in May versus $8.9 billion in April—and indicate that oil-related factors contribute to rupee volatility during this period.