The Economic Times has reported a new India-focused economy development: “India’s rupee defence raises question of how far RBI will go.” The publisher's feed describes the story as follows: The Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dollar window for state-owned oil refiners and introducing a new reserve requirement for foreign-exchange derivatives. Analysts expect the rupee to rally but caution that sust
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