India Forex Reserves Fall Most in Two Years on Rupee Support
India’s foreign exchange reserves dropped by the most in almost two years as the central bank stepped in to support the rupee amid surging oil prices.
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2 matching records found
India’s foreign exchange reserves dropped by the most in almost two years as the central bank stepped in to support the rupee amid surging oil prices.
India’s rupee has room to appreciate from the current levels, Reserve Bank of India Deputy Governor Poonam Gupta said, striking an optimistic note on the currency after a period of weakness recently.
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