Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms

Banks Urge RBI to Relax New Rules as  Billion Unwinding Looms



Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms
Lenders in India are urging the central bank to relax tighter rules for foreign-exchange transactions, which came as bets that could exert strain on the rupee climbed to at least $30 billion, according to people familiar with the developments.


www.bloomberg.com
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