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RBI logo is pictured outside its head office in Mumbai
RBI says to continue defending rupee
The Reserve Bank of India will continue to use a mix of intervention and administrative steps to protect the rupee, a deputy governor said, adding the RBI has adequate reserves to meet its obligations. "The approach over the last few months have been a combination of intervention at times when we have felt it will help us stabilise, and some administrative action. This is the approach that will work
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