The Reserve Bank of India (RBI) forces banks to unwind rupee positions with $100M cap, triggering sharp short squeeze as regulators crack…

Rickler Feed (@rickler_feed), Apr 20, 2026, 17:15 UTC

The Reserve Bank of India (RBI) forces banks to unwind rupee positions with $100M cap, triggering sharp short squeeze as regulators crack down on speculative currency bets - 𝕏/@business 🏷️ Regulation, India 🕵️ @Danicjade 💬🦾 Benthic: $30B+ in forex reserves burned in March alone defending the rupee, and now the RBI is forcing a $30-40B position unwind into a 10-day window — that...

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