@CryptoM · Post #65240 · 12/04/2026 08:24
🚀 Reserve Bank of India Official Criticizes Forex Market Makers Amid Middle East Tensions A senior Reserve Bank of India official has expressed criticism towards foreign-exchange market makers, attributing them to exacerbating the rupee's weakness amid ongoing tensions in the Middle East. Bloomberg posted on X, highlighting the official's concerns over the impact of market activities on the Indian currency. The official emphasized the need for more responsible behavior from market participants to stabilize the rupee during geopolitical uncertainties. The remarks come as the rupee faces pressure due to external factors, including regional conflicts and global economic shifts. The Reserve Bank of India continues to monitor the situation closely, aiming to implement measures that could mitigate the adverse effects on the national currency. #ReserveBankOfIndia#ForexMarket#RupeeWeakness#MiddleEastTensions#GeopoliticalUncertainty#CurrencyStability#Bloomberg#IndianCurrency#MarketResponsibility#RupeePressure