RBI Partially Lifts NDF Curbs—Currency Showdown Begins!

Ladies and gentlemen, the Reserve Bank of India has stepped into the ring! On Monday, they partially lifted the restrictions on rupee-linked non-deliverable forwards, bringing excitement back to the foreign-exchange market! But wait, the $100 million cap is still in play, keeping the stakes high! With global tensions rising, the rupee is feeling the pressure, but the RBI is ready for battle!