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More talk of the Reserve Bank of India intervention to support the rupee

More talk of the Reserve Bank of India intervention to support the rupee

Central Banks
Eamonn Sheridan
13/12/2024 | 04:05 GMT
  • The central bank may be selling USD/INR

The Indian rupee has been hit, along with many other currencies, against the strong USD.

The Reserve Bank of India intervened through proxies earlier this week and it looks like they are at it again - selling USD/INR.

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