https://www.taxtmi.com/news?id=72259 Rupee appreciated against the US dollar after the Reserve Bank of India tightened foreign exchange rules to curb speculative positions and reduce currency volatility. The measures included capping banks' net open positions at USD 100 million and restricting activity in onshore forward markets. Market participants viewed the steps as supportive of the rupee, although pressure continued from foreign capital outflows, a firm dollar, higher crude oil prices and heightened geopolitical tensions. en-us Mon, 06 Apr 2026 20:46:20 +0530 Mon, 06 Apr 2026 20:46:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72259 Rupee appreciated against the US dollar after the Reserve Bank of India tightened foreign exchange rules to curb speculative positions and reduce currency volatility. The measures included capping banks' net open positions at USD 100 million and restricting activity in onshore forward markets. Market participants viewed the steps as supportive of the rupee, although pressure continued from foreign capital outflows, a firm dollar, higher crude oil prices and heightened geopolitical tensions. News - Mon, 06 Apr 2026 20:46:20 +0530 https://www.taxtmi.com/news?id=72259