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From Oil Imports To Forex Trades: How RBI Is Trying To Ease Pressure On The Rupee

From Oil Imports To Forex Trades: How RBI Is Trying To Ease Pressure On The Rupee

RSS excerpt

The Reserve Bank of India has stepped up its Defence of the rupee with a special dollar window for three state-run oil companies, tighter foreign-exchange derivative rules and measures to absorb excess rupee liquidity. The rupee responded by strengthening nearly 1 per cent at Monday’s open. The…

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Based on 1 reporting publisher
Left / Center-Left 0 (0%)
Center 0 (0%)
Center-Right / Right 1 (100%)

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