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UPDATE 2-India unveils tough curbs on dollar demand to defend rupee

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Last Updated: October 10, 2026 11:52:09 IST

* RBI to supply oil firms dollars directly from reserves * Tighter FX rules target hedging demand and speculative bets * Rupee down over 7% year-to-date, among Asia's worst performers * FX pressure

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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