Home Business Rupee Weakens Amid Export Challenges; RBI Limits Intervention…!!

Rupee Weakens Amid Export Challenges; RBI Limits Intervention…!!

By
Business Editor - Nikhil Bhatt
-
54
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Amid rising challenges in the export sector, the Reserve Bank of India is now allowing the rupee to weaken against the dollar with minimal intervention. With a widening trade deficit and reduced dollar inflows, external pressures on India have increased. Though the RBI intervened several times earlier this year to

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