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RBI governor says currency forward curbs are temporary not structural reform

Economy
Published on 24 April 2026
RBI governor says currency forward curbs are temporary not structural reform

Forward curbs won't last forever, RBI hints

RBI governor Sanjay Malhotra said the central bank’s currency forward curbs are temporary and do not signal any structural policy shift. He stressed the RBI remains committed to developing and deepening FX markets and to the internationalisation of the rupee, suggesting the current restrictions will eventually ease as those goals progress.

  • RBI governor calls forward curbs temporary
  • No structural change intended, he says
  • RBI focuses on deeper FX markets
  • Internationalisation of rupee remains a priority
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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