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RBI warns rupee volatility tactics are temporary lifting soon says deputy governor Sankar
Economy
Published on 24 April 2026
Curbs on currency trading may end sooner than expected
RBI deputy governor Sankar said the central bank’s curbs on banks’ currency trading are temporary and will be lifted soon. The steps were introduced to manage rupee volatility, but the RBI reiterated it will continue pursuing long-term goals like rupee internationalization and building a more unified dollar-rupee market.
- RBI says the currency trading curbs are temporary
- Measures were introduced to curb rupee volatility
- Officials expect relief for banks in the near term
- RBI reiterates focus on rupee internationalization
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times