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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!

The RBI is on a mission to figure out the secret sauce for interest rates and GDP growth for 2026-27. They're sharpening their forecasting skills to boost GDP growth and inflation predictions while keeping tabs on credit flow. It's all about balancing growth and inflation in the crazy world of global economics. Hold on tight, folks, it's going to be a wild ride!