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National News

The Times of India

National / The Times of India

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Rupee relief, higher hedging costs: What RBIs new forex rules mean

Reserve Bank of India has introduced new measures aimed at stabilizing the Indian rupee against the dollar. These changes include tighter restrictions on foreign exchange derivatives and new reserve requirements for banks. Analysts expect these measures to ease rupee depreciation and lower speculative dollar demand temporarily. However, external factors like high crude oil prices may continue influencing the currency's stability.

11 Oct 2026 9:01 pm