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India Forex Regulator

Coverage of India Forex Regulator in the Nexus archive.

Earliest in view: Apr 12 · 08:12 UTCMost recent: Apr 12 · 08:12 UTC
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  • BUSINESSApr 12 · 08:12 UTCBLOOMBERG
    India Forex Regulator Criticizes Banks’ Rupee Arbitrage Trades

    The Indian forex regulator criticized banks for engaging in rupee arbitrage trades amid a record low rupee against the dollar. Concerns over 50% US tariffs on Indian exports are cited as a key factor behind the currency's decline and economic worries.