India’s Reserve Bank Activates Rupee Crisis Plan | PIOTV
Amid ongoing Middle East tensions, RBI has launched a crisis plan to stabilise the rupee. Key measures include capping banks' open positions and restricting non-deliverable forwards. These steps aim to curb currency depreciation and reduce market volatility, forcing banks to unwind major arbitrage trades. The move reflects India’s proactive approach to safeguard its financial system during global uncertainty. Visit here:https://piotv.com/news/indias-....reserve-bank-activat
#rbi #indianeconomy #rupee #financenews #piotv #globalmarkets #inflation #currencycrisis
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