Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms
The Big Market Report Take
Lenders in India are urging the central bank to relax tighter rules for foreign-exchange transactions, which came as bets that could exert strain on the rupee climbed to at least $30 billion, according to people familiar with the developments.
Not financial advice. The Big Market Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Equities and other securities are subject to market risk. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →
Never miss a story
More from this section
- Innovative Aerosystems: Strong Buy Despite Growth Headwinds This YearSeeking Alpha15m ago
- Global Business Travel: A Stock To Watch With Strong Upside PotentialSeeking Alpha49m ago
The Market Is Punishing This AI Stock. History Says That's a Mistake.The Motley Fool1h ago- 18 Ideal 'Safe' Buys In March Sustainable Dividend TestSeeking Alpha1h ago
The Only Stock Warren Buffett Is Clearly Buying Right NowThe Motley Fool1h ago