RBI’s pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee. For the full story, visit the source.
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RBI revives aggressive pre-market intervention to arrest rupee’s slide
RBI’s pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee.
By Reuters· BusinessLine· 8 days ago· 2 min read
This summary is sourced from BusinessLine. Read the full article at:BusinessLine