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RBI net short forward position rises to $200 b

In August, the Reserve Bank's net short forward positions increased significantly to $200 billion. This rise follows a n...

RBI net short forward position rises to $200 b
Source: Economic Times - Companies

In August, the Reserve Bank's net short forward positions increased significantly to $200 billion. This rise follows a net short position of $136 billion recorded in July. Long dollar positions also saw an addition, indicating ongoing market adjustments. Economists suggest that the RBI is facing challenges in managing these short positions effectively.

SOURCE: Economic Times - Companies
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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