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Indian rupee faces pressure as RBI unwinds $106.7bn short dollar positions
๐Ÿ“ˆ Business

Indian rupee faces pressure as RBI unwinds $106.7bn short dollar positions

Short dollar forward positions held by the Reserve Bank of India ballooned to $106.7 billion in May 2025. Analysts warn that as the RBI unwinds these positions, the Indian rupee could come under significant pressure. The scale of the exposure points to potential currency volatility ahead.

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Should the RBI quickly unwind its short dollar positions despite the risk to the rupee?

Bloomberg ยท 16d ago ยท Source โ†—

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