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Business & Finance

RBI’s Forex Deposit U-Turn Exposes Wider Communication Gap

Bloomberg Markets Tuesday 18 August 2026, 10:19 UTC By Anup Roy and Siddhi Nayak 1 min read
Key Points

A sudden decision by India’s central bank to end a special incentive for attracting foreign-currency deposits a month ahead of schedule has caught bankers, economists and traders off guard and raised questions about how effectively it was communicating with market participants.

A sudden decision by India’s central bank to end a special incentive for attracting foreign-currency deposits a month ahead of schedule has caught bankers, economists and traders off guard and raised questions about how effectively it was communicating with market participants.
RBI (ORG) Forex Deposit U-Turn Exposes Wider Communication Gap (ORG) India (LOCATION)
Originally published by Bloomberg Markets Read original →

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