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Thursday, September 13, 2018

Rupee at record low puts RBI under pressure to curb market rout

Pressure is mounting on the RBI to take stronger action to stem the currency’s slide. The central bank has already raised interest rates twice since June and depleted billions of dollars to bolster the currency, but with little success.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Ogkdje
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