The rupee gained 130 paise early on March 30 as the Reserve Bank of India moved to curb speculative activity, restricting onshore long positions on the dollar to stabilise the currency, which has hit ...
On the same day, the RBI directed all banks to limit their net open position on the rupee in the onshore deliverable market to within $100 million. Banks have been given time until April 10 to comply ...
The Reserve Bank of India, through Circular No. 24 dated March 27, 2026, directed Authorised Dealers to maintain their Net Open Position in INR (NOP-INR) within a limit of USD 100 million in the ...
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