Good News for Rupee Derivative Traders as RBI Lifts Curbs on Banks
In what would lift the mood of rupee derivative traders, the Reserve Bank of India (RBI) partially lifted some restrictions on rupee derivative trades imposed by the regulator on April 1, 2026. On this day, the central bank prevented banks from issuing non-deliverable forwards to clients and barred companies from reassessing forward contracts as part of its strategy to counter arbitrage trades, which caused fluctuations in the rupee’s exchange rate. The central bank further prevented banks from signing FX derivative contracts involving the rupee with their associated parties. Read on!
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