RBI Eases Forex Rules For Banks, Allows Related-Party Hedging Under $100 Mn | Rupee Gains Heft
The RBI has loosened some of its most restrictive currency market measures, signalling a partial retreat from an unprecedented defence of the rupee. The defence had effectively shut out one of the world’s largest offshore currency markets.
#rbi #rupee #dollar #forex #rupeefalling #dollarvsrupee #sanjaymalhotra
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