<div id="readability-page-1">Naveen Mathur, Director of Commodities and Currencies at Anand Rathi, discusses the efficacy of the RBI's move cap banks' open positions on the rupee, which had slid to record lows, adding that 95 may be the line in the sand for the Indian central bank.</div>

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<p>Naveen Mathur, Director of Commodities and Currencies at Anand Rathi, praised the RBI's decision to limit banks' open positions on the rupee, which has recently fallen to record lows. He noted that the 95 level may be a critical threshold for the Indian central bank to monitor.</p>

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RBI's bank measure to curb rupee weakness was a 'good move' to stem currency's slide: Analyst