RBI’s NDF curbs shift risk from economic reality to geography, raising a quiet but persistent confidence cost for the rupee.
Quixotic Banker
April 5, 2026 at 6:06 AM IST
iStock.com
RBI's curbs rightly target speculative misuse in FX markets. But blunt restrictions risk leaving genuine hedgers unprotected and amplifying unhedged exposures across the economy.
April 4, 2026 at 5:25 AM IST
The rupee’s 2015–25 slide looks dramatic in headline terms, but unlike past episodes it unfolded gradually, supported by services exports, reserves and RBI’s volatility management.
Babuji K
December 22, 2025 at 5:23 AM IST
FX auctions helped Latin markets steady volatility. With sharper offshore swings hitting the rupee, India may benefit from adding them to its defence toolkit.
November 28, 2025 at 4:16 AM IST
RBI’s push to let Indian banks trade NDFs in GIFT City aims to reclaim control of rupee pricing and bring offshore liquidity onshore.
November 11, 2025 at 4:41 PM IST
Pooja T S/Via Wikicommons
GIFT City’s daily expiry options could quietly reshape NSE’s rhythm as offshore flows ripple into Mumbai’s markets. Traders must adapt fast.
Krishnadevan V
October 7, 2025 at 1:07 PM IST
