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News with tag Reserve Bank  RSS
India rupee hits SHOCK LOW as Bank of India undertakes emergency intervention

Added: 13.08.2018 8:28 | 18 views | 0 comments

The Indian rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over from a crisis-hit Turkey. The Reserve Bank of India was seen intervening to stem a sharp fall in the rupee, two dealers said.

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