Centre, RBI brace for more rupee volatility | Mint - Mint

Averse to sudden plunge, but won’t resist rupee at 80 a dollar.RBI has been intervening in the market to support the rupee, leading to a significant depletion in foreign exchange reserves

MUMBAI/NEW DELHI : The government is coming around to the view that the Indian currency could weaken to 80 to the dollar over the next few weeks, a senior official said, despite the central banks int… [+4334 chars]

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