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India's central bank restricts banks' rupee trades, causing a currency rally.
The Reserve Bank of India has criticized banks for exacerbating rupee pressure through arbitrage trades, particularly during tensions.
Regulators have imposed a $100 million net open position limit and banned offshore derivatives, forcing banks to unwind roughly $30 billion in bearish positions.
Since the measures began, the rupee has strengthened, becoming Asia's top-performing currency this year.
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El banco central de la India restringe el comercio de rupias de los bancos, causando un repunte de la moneda.