RBI Slashes Dollar Short Position to $95 Billion - Big News!

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RBI Slashes Dollar Short Position to $95 Billion - Big News!

The Reserve Bank of India decided to shake things up by cutting its dollar short position to a cool $95.30 billion at the end of April, down from $103.06 billion in March! Short bets for contracts under a year dipped to $44.58 billion, while those over a year took a little slide too. Looks like they're tightening their financial belts just a bit!