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You are Here : RBI's inability to correct rupee worrisome: IndusInd

Friday, 04:19

The RBI (Reserve Bank of India) tried to boost the Indian currency on Thursday after it directed exporters to convert 50% of their dollar earnings in the Exchange Earner's Foreign Currency (EEFC) account to rupee. However, despite the RBI's intervention, the rupee was at a record low and there was hardly any noticeable movement in the currency.
DEC 11, 2016
03:55 AM

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