Global lenders pushed back against a proposal by India’s central bank for more reporting of offshore rupee trades, according to people familiar with the matter.
Global lenders pushed back against a proposal by India’s central bank for more reporting of offshore rupee trades, according to people familiar with the matter.
Bundles of 500 rupee banknotes at a currency exchange in New Delhi, India, on Saturday, Aug. 30, 2025. The Indian rupee slumped to a record low versus the dollar on concern that 50% US tariffs will hurt the country's economic growth and corporate earnings. Photographer: Prakash Singh/Bloomberg
Global lenders pushed back against a proposal by India’s central bank for more reporting of offshore rupee trades, according to people familiar with the matter.
Global lenders pushed back against a proposal by India’s central bank for more reporting of offshore rupee trades, according to people familiar with the matter.
Bundles of 500 rupee banknotes at a currency exchange in New Delhi, India, on Saturday, Aug. 30, 2025. The Indian rupee slumped to a record low versus the dollar on concern that 50% US tariffs will hurt the country's economic growth and corporate earnings. Photographer: Prakash Singh/Bloomberg
Anmelden
