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Rupee falls 36 paise after RBI rolls back some forex curbs
April 22, 2026
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Posted 2 hours ago by
The currency had closed Monday at 93.13/. The rollback came after markets ended trading Monday. Bank treasury heads said they remain cautious and are holding back from offering non-deliverable forward (NDF) contracts to corporates, as RBI is likely monitoring such trades. The dollar-rupee forward premiums rose, increasing hedging costs, with the 1-year forward yield up 10 basis points at 3.10.
Economic Times
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