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Rupee relief comes with disruptions in financial markets

viaeconomictimes.indiatimes.com16 Oct
Rupee relief comes with disruptions in financial markets
The Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to skyrocketing hedging costs and dwindled liquidity in the forex sector. Moreover, bond yields soared to their highest in three years due to escalating oil prices…

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