EconomyIndian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee
Five bankers said Indian banks have not hedged much of the future interest they must pay on overseas foreign-currency deposits. The resulting potential demand for dollars could add to depreciation pressure if the rupee weakens.
R
Reuters★★★☆☆2026-09-08 09:15Original
Indian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee
Economy