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The Economic Times

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RBI's rupee defence may drain banking liquidity, ease currency pressure

RBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measures include limiting foreign exchange derivative contracts and increasing hedging costs for importers. Experts predict that these actions may lead to a reduction in USD/INR rates and forward premiums. However, external factors like crude oil prices may still pose challenges.

11 Oct 2026 9:31 pm