IMF reclassifies India's FX management regime as 'crawl-like arrangement' from 'stabilised'
ReutersNov 26, 2025 2:19 PM
MUMBAI, Nov 26 (Reuters) - The International Monetary Fund has reclassified India's "de facto" exchange rate regime as a "crawl-like arrangement", two years after it had termed the country's FX management framework as a "stabilised arrangement."
The reclassification followed an article IV review conducted by the IMF earlier in the year.
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