Traders said some banks stopped quoting USD/INR interbank forward rates after the Reserve Bank of India expanded the scope of foreign-exchange risk provisioning; sources said the requirement does not apply to banks' market-making or trading businesses.

2026-10-13

Traders said some banks stopped quoting USD/INR interbank forward rates after the Reserve Bank of India expanded the scope of foreign-exchange risk provisioning; sources said the requirement does not apply to banks' market-making or trading businesses.