Keywords: RBI


Indian banks request three-month window to comply with new FX limits

Several Indian banks have asked the Reserve Bank of India (RBI) for a three-month period to comply with newly imposed foreign exchange position limits, according to sources familiar with the matter. Banks warn that immediate enforcement could lead to disorderly position unwinding and potential financial......

Spain and Poland inflation fall to multi month lows in January

Fresh inflation data released Friday showed easing price pressures in Spain and Poland, while India unveiled a revamped consumer price index aimed at better capturing modern spending patterns. Spain’s harmonised annual inflation rate, calculated under European Union standards, fell to 2.4 percent......