RBI intensifies intervention in offshore market to stabilize rupee amid tariff pressures
Short positions in the up to one-month NDF segment increased to 2.5 billion in June, while positions in the one-to-three months bucket rose to 11.8 billion over the same period. This marked the first significant build-up in nearly five months, although the RBI's overall net exposure continues to trend downward.An NDF is a type of forwards contract in the The central bank's net short positions in the forward book - which shows intervention in the AgenciesSinc ...