RBI issues clarifications on forex hedging curbs

Economic Times - Oct 15, 2026

The Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging rules and cash margins on certain derivatives. Several lenders have held back on quoting dollar-rupee forwards due to confusion regarding transaction requirements. The measures included redirecting oil companies' dollar purchases and levying cash reserve requirements. The impact of these measures has raised uncertainties in the financial markets.

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