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India's central bank FX forward book exceeds $100bn amid Iran tensions

The Reserve Bank of India (RBI) sees its foreign exchange forward book exceed $100bn.

Published 18sem1 sourceNotableupdated 3sem
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20s

The fact

This increase comes amid pressure on the Indian rupee linked to geopolitical tensions involving Iran.

No specific RBI measures are detailed in the source.

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Observed impact

Accumulation de 100 milliards de dollars en contrats de change pour stabiliser la roupie indienne.

Risques accrus de volatilité monétaire pour les économies émergentes exposées au choc énergétique iranien.

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