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Tuesday, September 27, 2022

RBI may need to tap old ways to boost forex reserves: Report

The Reserve Bank of India may have to resort to tried and tested measures to shore up its foreign exchange reserves, including encouraging non-resident Indians to deposit more funds, as it looks to stabilise a steadily declining rupee, economists said. The currency has weakened 9.5% so far this year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9qgJYZV

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