Global Banks Push Back on India’s Offshore FX Reporting Plan
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.
🔗 Read more: https://www.bloomberg.com/news/articles/2026-03-11/inr-usd-global-banks-push-back-on-india-s-offshore-fx-reporting-plan
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Global Banks Push Back on India’s Offshore FX Reporting Plan
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.
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