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    HomeNewsOpinionRBI can afford to let rupee depreciate a bit

    RBI can afford to let rupee depreciate a bit

    While RBI does have ample foreign exchange buffers for now, a gentle depreciation of the Rupee may well be called for – both to correct INR overvaluation, and to prepare for possible stress scenarios

    Ananth Narayan
    June 21, 2022 / 09:08 IST
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