OPINION | The rupee's problem is in the forward market, not the trade balance

Expected depreciation drives more hedging, more hedging pushes up premiums and spot demand, and a weaker rupee confirms the expectation. RBI’s measures are trying to unsettle this loop
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Story file
- Section
- Business
- Topics
- Economy & RBI
- First reported by
- Moneycontrol
- Reporter
- aurobindo das
- Published
- Thursday, 15 October 2026, 12:29 pm IST
- Coverage
- One outlet so far
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