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Read More »RBI acts to anchor rupee depreciation expectation
Bloomberg The Reserve Bank of India (RBI) is in the currency market almost everyday with the twin objective of curbing volatility and anchoring expectations for rupee depreciation, the central bank’s Governor Shaktikanta Das said. “Exchange rate stability is an intrinsic element of our overall macroeconomic and financial stability,†Das said in Mumbai. “Our endeavour, amidst the extraordinary events unfolding globally …
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