Author

Akshat Garg

1

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Articles

RBI's $100-million NOP cap: Clipping speculative wings, not growth

RBI's $100-million NOP cap: Clipping speculative wings, not growth

RBI steps in as rupee nears 95/$. Banks now capped at $100 million FX exposure to curb speculation. Will this stabilise the rupee -- or tighten liquidity? Here's what it means

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