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Friday, 22 July 2022

Why weaker rupee isn’t all bad news: Depreciation helps exports and selling reserves is not a sustainable strategy

As the exchange rate breached the 80-mark, some observers argued that this can be managed easily, since India can simply sell a portion of its foreign exchange war chest, which amounts to a healthy $580...

from Times of India Opinion https://ift.tt/XA2vyH1

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