India Unleashes Curbs on Rupee Bets as Intervention Costs Swell - Bloomberg
business 2026/03/30 01:48:00

India Unleashes Curbs on Rupee Bets as Intervention Costs Swell - Bloomberg

Source:Bloomberg
Author:Bhaskar Dutta, Subhadip Sircar

India has moved to curb speculative bets against the rupee, taking one of its most forceful steps in over a decade as the cost of defending the currency rises.