RBI caps net open positions for USD/INR currency pair at $100 million – Moneycontrol.com

What Happened

RBI caps net open positions for USD/INR currency pair at $100 million  Moneycontrol.comRBI orders banks to impose daily caps to curb foreign speculation on rupee  Investment GuruRBI limits lenders’ net rupee FX positions at $100 million to curb speculation  BusinessLineRBI curbs net open positions of banks in forex markets  The Times of IndiaRBI acts to curb forex speculation as rupee plumbs new lows  MSN

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Background Context

RBI caps net open positions for USD/INR currency pair at $100 million  Moneycontrol.comRBI orders banks to impose daily caps to curb foreign speculation on rupee  Investment GuruRBI limits lenders’ net rupee FX positions at $100 million to curb speculation  BusinessLineRBI curbs net open positions of banks in forex markets  The Times of IndiaRBI acts to curb forex speculation as rupee plumbs new lows  MSN

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Source: Top stories – Google NewsOriginal Link

Source: Top stories – Google News

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