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RBI Announces Regulatory Measures For Forex Market: What Changes For Oil PSUs?
NDTV Profit 1 hr ago·10 Oct 2026, 5:21 am
The RBI also introduced a foreign exchange risk reserve which will involve banks maintaining with the central bank - in cash - an amount equal to 20% of the rupee equivalent of the notional amount of each transaction which exceeds $2 million, it said.
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