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Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupee? - The Economic Times
The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing market instability. Recent measures are attracting foreign capital, aiding the central bank's strategy. However, the pace of unwinding is crucial to avoid currency depreciation pressure. The RBI faces a delicate balancing act in managing its forward exposure.
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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…
