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India eases forex rules to restore market activity.
The Reserve Bank of India has eased some foreign exchange rules to restore normal market activity.
The central bank has reversed earlier restrictions on non-deliverable forward contracts and allowed banks to cancel or rollover existing derivatives involving related parties.
However, a $100 million cap on banks' net open rupee positions remains in place to monitor volatility.
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India alivia las reglas de divisas para restaurar la actividad del mercado.