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RBI intervention halts rupee’s slide to record low, risks linger

viaeconomictimes.indiatimes.com8 Oct
RBI intervention halts rupee’s slide to record low, risks linger
The Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India’s intervention, traders remain wary regarding the future of the currency. Many market players doubt that a central bank interest rate hike will stem capital flight, while…

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