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You are Here : Rupee has more to adjust, RBI cannot be saviour: CLSA

Tuesday, 11:37

As the anemic rupee is gaining some strength, experts say that RBI’s intervention is likely to be very limited. The currency has shown a strong percentage gain in six weeks riding on India’s decision to defer General Anti-Avoidance Rule (GAAR) by a year. There is also a possibility that the Reserve Bank of India had sold dollars yesterday.
JUL 26, 2016
01:46 AM

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