Global EconomyWhat it means for INR support?•1 min read•10/10/2026 (2h ago)

RBI opens special USD window for these 3 state-run OMCs; facility in effect from Oct 12

RBI opens special USD window for these 3 state-run OMCs; facility in effect from Oct 12
60-Word AI Digest

RBI's special USD facility will ease the pressure on the Indian Rupee as the Indian central bank has opened a special window for these 3 Oil PSUs to get the US dollar from the designated banks instead of the open market, say experts

Key Takeaways

  • RBI opens special USD window for these 3 state-run OMCs; facility in effect from Oct 12
  • RBI's special USD facility will ease the pressure on the Indian Rupee as the Indian central bank has opened a special window for these 3 Oil PSUs to get the US dollar from the designated banks instead of the open market, say experts
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RBI's special USD facility will ease the pressure on the Indian Rupee as the Indian central bank has opened a special window for these 3 Oil PSUs to get the US dollar from the designated banks instead of the open market, say experts

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RBI opens special USD window for these 3 state-run OMCs; facility in effect from Oct 12 — Loop60