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After record rupee defence, RBI faces $100B challenge
The Reserve Bank of India faces a $106.7 billion short dollar position, as the rupee resumes declines after temporary gains from recent support measures.
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cryptobriefing.com
Reserve Bank of India sits on a $107 billion dollar bet it can't easily walk away from
The Reserve Bank of India's record $106.7 billion short-dollar forward position creates a high-stakes unwinding challenge with implications for emerging
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economictimes.indiatimes.com
RBI faces $100 billion challenge after record currency defense
RBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward position. This unwinding must be carefully…
