Reserve Bank Of India: Rupee relief, higher hedging costs: What RBI’s new forex rules mean
RBI’s new forex rules may ease rupee depreciation pressure in near term (representative image) NEW DELHI: The Reserve Bank of India‘s (RBI) latest measures to curb volatility in the rupee could ease near-term depreciation pressure, reduce speculative dollar demand and help withdraw surplus liquidity from the banking system, according to research reports cited by news…
