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Tag: intervention

Indian Business News
Layla Zulfa

RBI Intervention Propels Rupee to Biggest Gain in Six Months as Central Bank Targets Speculation Amid Global Headwinds

MUMBAI — In a dramatic turnaround for the domestic currency, the Indian rupee staged its most significant single-day rally in over six months on Monday, appreciating by a robust 95 paise to settle at 95.78 against the US dollar. The sharp recovery was directly catalyzed by a comprehensive and aggressive package of regulatory interventions introduced […]

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