RBI Governor says FX market curbs are not to remain "forever"
Context
The RBI Governor's statement regarding FX market curbs suggests a potential thawing of restrictions in the future, indicating a more flexible approach to foreign exchange policies. This could signal a shift in monetary policy stance with implications for capital flows and the INR, impacting both fixed income and equity markets. Market participants should monitor for any signals on the timing and conditions of these potential changes.
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