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The Economic Times

Economy / The Economic Times

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RBI tightens rules for forex bets to shield bruised rupee

The Reserve Bank of India has tightened regulations on foreign exchange derivatives to stabilize the rupee's value. New measures include stricter documentation requirements and lowering transaction limits for forex contracts. A special window will cater to the daily dollar needs of specific oil marketing companies. These actions aim to reduce speculative dollar demand and enhance market discipline. Bankers suggest these measures could impact the rupee's market value and trading activity.

11 Oct 2026 5:30 am