# India Business Journal - RBI opens dollar window for govt OMCs, caps forex trade to stop rupee slide

> The RBI opened a special dollar sale window for three state-run oil marketing companies effective October 12, 2026, to meet their daily dollar needs. It also tightened forex derivative rules, including barring rebooking of cancelled INR contracts and cutting the exchange-traded rupee position threshold from $100 million to $5 million. The measures were introduced as the rupee neared 97 per dollar.

- Date: 2026-11-01 · published 2026-11-01T18:28:08.985Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/33901-india-business-journal-rbi-opens-dollar-window-for-govt-omcs-caps-forex-trade
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Currency intervention and tighter rupee derivative rules aim to stabilise the rupee, which lowers India's import cost for feed-linked commodities. The oil company dollar support also reflects the energy shock feeding through to input costs.

## Read by commodity

- USDINR: bearish ▼

## Sources

- indiabusinessjournal.com: https://indiabusinessjournal.com/full-story/2742/rbi-opens-dollar-window-for-govt-omcs-caps-forex-trade-to-stop-rupee-slide

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.