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HomeNewsOpinionRBI’s move to free forex inflows a right step, but not enough to halt rupee’s fall

RBI’s move to free forex inflows a right step, but not enough to halt rupee’s fall

RBI has taken baby steps to smoothen the volatility in currency market. It will have to take a giant leap forward (by hiking interest rates and/or dipping into forex reserves) to halt the weakening of the rupee

July 13, 2022 / 14:49 IST
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More