Forex News
As rupee falls to lifetime low for 3rd straight day, RBI assures more action
The Reserve Bank of India (RBI) on Friday said it would continue to support the weakening rupee, by intervening in the foreign exchange markets as well as taking administrative measures. The rupee fell to a life-time intra-day low of 54.91 to the dollar on Friday, its third consecutive daily record low, the worst performer among Asian currencies so far this financial year.
Following intervention from
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