Can RBI’s last-ball six pull ₹ back from the brink?

What happened: The RBI introduced a 20% Foreign Exchange Risk Reserve on large forex derivatives contracts over $2 million, widened it to non-deliverable rupee contracts with non-resident customers, cut the derivative transaction threshold to $5 million from $100 million, barred rebooking of cancelled contracts, and opened a special dollar window for three Why it matters: Economists call the steps tactical support for the rupee, not structural fixes, and see defending it amid geopolitical headwinds as a costly trade-off. Some importers fear hedging costs will strain working capital. Coverage: 3 outlets in 24h

RBI intervention questioned as rupee faces pressure.

RBI intervention questioned as rupee faces pressure. — impact context not separately stored; see What changed.