Home / Business / India central bank caps lenders’ net rupee FX positions at $100 million

India central bank caps lenders’ net rupee FX positions at $100 million

India’s central bank on Friday directed banks to limit ​their net open positions on the rupee ‌in the foreign exchange market to $100 million at the end of each business day, with authorized ​dealers required to comply by April 10.

March 27 (Reuters) – India’s central bank on Friday directed banks to limit ​their net open positions on the rupee ‌in the foreign exchange market to $100 million at the end of each business day, with authorized ​dealers required to comply by April 1… [894 chars]

Source: Reuters | Published: 2026-03-27T15:23:53Z

Credit: Reuters

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