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        <h1>Central bank uses reserve sales and exchange controls to curb currency slide amid portfolio outflows and tariff pressures</h1> The central bank's intervention in the foreign exchange market and reported decline in foreign exchange reserves follow sustained foreign portfolio outflows and external tariff measures, resulting in the domestic currency's depreciation to record lows. Regulatory implications include continued use of reserve sales and exchange control tools under prevailing foreign exchange law to stabilize the currency, potential impacts on capital flow regulations and market access for foreign institutional investors, and heightened legal and policy pressure on trade negotiations and tariff disputes, which could prompt further monetary policy adjustments and informed disclosure obligations for market participants.

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        ActsIncome Tax
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