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The RBI's net short dollar forward position rose to a record $239.2 billion at end-September from $200.06 billion in August, driven by a concessional FCNR(B) swap window. The 12-month dollar-rupee forward premium rose by over 120 basis points in October.
A large RBI short position limits its ability to cap elevated forward premia, raising hedging costs for importers of dollar-priced feed inputs and oil.
business-standard.comAnjali KumariNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
