India to address volatility in rupee against dollar: Report - Economic Times

India will try to smoothen the volatility in rupee markets, even as the country is facing current account headwinds, due to rising commodity prices, an official, who did not want to be named, told reporters.

India is trying to "address volatility" in the rupee that has tumbled to record lows against the dollar in recent weeks, a government official said on Monday, amid concerns of a widening trade defici… [+1030 chars]

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