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India’s Rupee Rescue Faces Test From Oil, Inflation and Outflows

Bloomberg 53 min ago

India’s boldest effort in more than a decade to support the rupee may offer only temporary relief, with persistent currency weakness complicating the central bank’s task as inflation approaches the top of its tolerance band.

This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.

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