RBI Statement on Forex Market - RBI - Reserve Bank of India

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RBI Statement on Forex Market

In response to queries received today from banks on open positions, it is clarified as under :

As clearly indicated in the statement issued this morning, the instruction on open position is applicable only for today. Hence status quo ante is restored with effect from June 9, 2000.

P.V. Sadanandan
Asst. Manager

Press Release : 1999-2000/1652

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