INDIA MARKET LENS

'Don't assume FCNR money is untouched': ISB professor flags RBI's $200 billion exposure

RBI moved lower.

· Business Today Mkts

The professor's proposal comes as India's forex reserves have fallen to $721.016 billion, down nearly $65 billion from their September…

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  • With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.