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An employee arranges Indian currency notes at cash counter inside a bank in Agartala
Abheek Barua: Setting a rupee band
The rupee has stabilised a little over the past month, but it could come under pressure if oil prices continue their steady climb. I hope that the Reserve Bank of India (RBI) has used this lull in the currency market to do some serious introspection as regards the shape it wants to give its currency strategy going forward. In trying to gauge what the RBI is likely to do in the future, it is useful
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