Open To More Steps To Defend Rupee, Curb Forex Speculation: RBI Governor

What happened: The RBI Governor said the central bank is open to more steps to defend the rupee and curb forex speculation, after extended curbs were added to weekend measures, including a special window for oil firms to meet dollar demand. Why it matters: The remarks signal the RBI's readiness to keep intervening as the rupee faces pressure, with oil firms given a dedicated channel for dollar purchases. Key numbers: omit (no concrete figures in content) Coverage: 3 outlets in 24h

The RBI Governor said the central bank is open to more steps to defend the rupee and curb forex speculation, after extended curbs were added to weekend measures, including a special window for oil firms to meet dollar demand.

The remarks signal the RBI's readiness to keep intervening as the rupee faces pressure, with oil firms given a dedicated channel for dollar purchases. Key numbers: omit (no concrete figures in content)