Key facts
- RBI Governor Shaktikanta Das confirmed no plans to ease net open position restrictions.
- The restrictions were first announced at the end of March.
- No proposal is currently before the central bank to discontinue these measures.
Reserve Bank of India (RBI) Governor Shaktikanta Das has indicated that the central bank has no immediate plans to relax the net open position restrictions. When questioned by reporters, Das stated that no proposal is currently under consideration to discontinue these measures, which were initially implemented at the end of March. The RBI has maintained these restrictions as part of its foreign exchange management policies.