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What is Partial Rollback of FX Curbs about?

The Indian rupee fell against the dollar after the Reserve Bank of India partially eased forex curbs, settling at 93.50 per dollar. Despite this decline, analysts believe the rupee is unlikely to weaken sharply due to ongoing support measures. Additionally, life insurers reported a significant increase in new business premiums, reaching ~4 trillion in FY26, aided by regulatory changes and a favorable GST environment.

Author

ashwinkr009

Language

EN