RBI issues FAQs on the Foreign Exchange Risk Reserve

The Reserve Bank of India issued a set of Frequently Asked Questions on the Foreign Exchange Risk Reserve on 15 October 2026.
The FAQs clarify requirements introduced through A.P. (DIR Series) Circular No. 26 dated 10 October 2026 and A.P. (DIR Series) Circular No. 27 dated 12 October 2026.
The clarifications are available on the Reserve Bank of India website.
The press release was issued by Chief General Manager Brij Raj.
It carries the reference number Press Release: 2026-2027/1334.
A.P. (DIR Series) circulars are the instrument through which the RBI issues instructions to authorised dealers in foreign exchange.

Subject: Foreign Exchange Risk Reserve Circulars clarified: A.P. (DIR Series) Circular No. 26 and No. 27 Press release number: 2026-2027/1334
Why it matters for exams: RBI circular types and new reserve requirements are asked in banking and economy papers.
Kerala PSCUPSCBank
15 October 2026 Source: Reserve Bank of India

In plain words

A.P. (DIR Series) Authorised Person (Directions) Series — The circular series through which the RBI instructs authorised dealers in foreign exchange.