# Indian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee

https://mins.news/en/item/49436

- Reuters, 2026-09-08 09:15 UTC
- Economy
- Original: https://www.reuters.com/world/india/indian-banks-leave-sizeable-fx-risk-open-overseas-deposits-creating-potential-2026-09-08/?link_source=ta_bluesky_link&taid=6a9fd21d51db2900015ebbd8

> 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.