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India’s Securities and Exchange Board amended currency-derivatives rules, limiting unhedged rupee positions to $5 million across exchanges. Investors seeking larger positions must demonstrate underlying exposure, with additional conditions for foreign portfolio investors.
The tighter limits aim to curb speculative rupee selling and could support the currency; if effective, USDINR may move lower. The rules may also constrain currency-derivatives activity.
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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.