RBI’s Net Short Position in Forward Market Swells to $77.5 Billion
The Reserve Bank of India (RBI) has reported a significant increase in its net short position in the forward book, which surged to $77.5 billion by the end of January 2025, up from $67.9 billion in December 2024. This growth reflects the bank’s interventions in the forex market due to the depreciation of the rupee […]
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