RBI Takes Measures to Curb Rupee Volatility Amid Geopolitical Concerns
On October 10, 2026, the Reserve Bank of India issued circulars to stabilize the foreign exchange market amid geopolitical tensions and fluctuating oil prices. Key measures include banning rebooking of cancelled foreign exchange derivative contracts involving the rupee and reducing thresholds for such contracts. These steps aim to ensure orderly market functioning, with medium- to long-term outcomes dependent on external factors like crude prices and interest rate differentials.
Hindu Business·




