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Indian companies cut forward dollar purchases by 35% in October to $49.5 billion, an eight-month low, after the RBI imposed measures including a foreign-exchange risk reserve. The steps have made forward dollar positions more expensive and eased rupee pressure, which has recovered about 2%.
Reduced hedging and a steadier rupee lower the rupee cost of imports, though analysts call the measures tactical, so currency risk for importers of feed inputs persists.
thehindubusinessline.comBloombergNov 4, 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.
