RBI
RBI cuts no-underlying-exposure position threshold to $5 million
12 October 2026 · The Hindu BusinessLine
The Reserve Bank of India has lowered the threshold for taking positions without underlying exposure to $5 million equivalents from $100 million. The rupee appreciated 80 paise at open amid the RBI's intervention.
Points to Remember
- RBI lowered the threshold for positions without underlying exposure to $5 million equivalents.
- The previous threshold was $100 million.
- The rupee appreciated 80 paise at open amid the RBI's intervention.
- The article was published on October 12, 2026, by The Hindu BusinessLine.
Why it matters
Traders and banks will need to adjust their forex position limits and compliance processes, as the lower threshold may reduce speculative activity and affect currency market liquidity.
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