RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says

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RBI Governor Sanjay Malhotra said the central bank may take further steps to curb speculative forex trading and ensure orderly movement in the currency market. He said recent restrictions aim to support genuine hedging needs, not impose capital controls.

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RBI open to more steps to curb FX speculation, Governor Sanjay Malhotra says

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