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RBI Is Showing Up Whenever Rupee Weakens in Intervention Shift
Source: Bloomberg
Currency & FXMonetary PolicyEnergy Markets & PricesSovereign Debt & Ratings
India’s central bank is stepping up measures to support the rupee, citing a rise in foreign-exchange reserves as it looks to offset pressure from higher oil prices. The move is supportive for near-term currency stability, though the oil-driven headwind remains a key risk.
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