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1 week ago

Duration: 0h 4m 7s

Why RBI's forex cap direction has not worked

Name: Why RBI's forex cap direction has not worked
Uploaded: 2026-04-07T06:36:54+00:00
Duration: 4 min 7 s
Channel: Rediff Video Desk
Description: The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Uploaded by: Rediff Video Desk on Tue, 07 Apr 2026 12:06:54 +0530

Views: 201

Tags: RBI, India, Underlying Dynamics, Barclays, INR, Brent, Abhishek Goenka, IFA Global