HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

RBI governor: No plans to ease net open position restrictions

Created at 5 Jun · 10:13 AM1 source↑ Market-relevant
IN SHORT

Reserve Bank of India Governor Shaktikanta Das stated that there are no current plans to discontinue the net open position restrictions, which were first announced at the end of March. He was responding to reporters' questions about potential changes to these measures.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Who's Involved

Shaktikanta Das
Governor of the Reserve Bank of India
Reserve Bank of India
Central bank of India

↳ Why This Matters

The RBI's decision to maintain restrictions on net open positions in foreign currency could impact currency market liquidity and trading strategies for financial institutions operating in India.

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.

Frequently asked questions

Net open position restrictions limit the amount of foreign currency exposure a financial institution can hold. These measures are typically used by central banks to manage currency volatility and capital flows.

The net open position restrictions were first announced by the Reserve Bank of India at the end of March.

According to Governor Shaktikanta Das, there are currently no plans or proposals before the central bank to discontinue these measures.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence
CME Headlines
  • EBS Market on CME Globex Notice: July 6, 2026
    9 Jul · 6:31 PM
  • 10-Year Treasury Note yields rose on Middle East supply risks.
    8 Jul · 8:03 PM
  • 10-Year Treasury Note yields rose on Middle East supply risks.
    8 Jul · 8:03 PM

How It Developed

5 Jun · 9:40 AM
The RBI governor stated there are no current plans to discontinue net open position restrictions, which were introduced in late March.
Economic Times via PiQSuite

Sources

T1
RBI governor says no plans to ease net open position restrictionsm.piqsuite.com

Related Stories

Foreign investors pare India rate-hike bets, fuel record swap trading
8 Jul · 9:56 AM
India consumer inflation likely topped RBI's 4% target in June: Reuters poll
9 Jul · 5:09 AM
BOK Governor Shin Hyun-song Signals Need for Rate Hike
9 Jul · 1:55 AM
China's central bank pledges accommodative policy amid weak demand, external shocks
8 Jul · 11:22 AM
Bank of Japan Maintains Regional Economic View, Sees Receding Iran War Impact
9 Jul · 5:16 AM