RBI looks to have boosted forwards intervention in rupee fight - Economic Times

The move shows the central bank is pulling out all the stops to curb losses in the currency, which set a series of record lows this month and threatens to further accelerate inflation. The RBIs intervention strategy has caused dollar-rupee one-year annualized…

Indias central bank appears to have ramped up intervention in the forwards market to slow the rupees decline and preserve its hard-earned reserves. The Reserve Bank of India has run down its forward… [+2355 chars]

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