RBI bars related party forex derivatives

Banks are now barred from making foreign exchange derivative deals with related parties, keeping things fairer and more transparent.
Experts like Kunal Sodhani from Shinhan Bank think these steps could cool off unnecessary dollar demand and bring some stability to the rupee.
Anindya Banerjee of Kotak Securities points out this builds on RBI's earlier limits for banks' market exposure.
All in all, RBI's asking for data on corporate-client positions too, hoping these moves will keep currency swings in check when global markets get rocky.

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