Dwindling RBI support for Indian rupee, bonds spooks markets

The rupee, which hit a record low of nearly ⁠94 per dollar on Monday, recovered slightly on Tuesday but bankers worry about further losses from a foreign exodus and demand in the non-deliverable forward market

Dwindling RBI support for Indian rupee, bonds spooks markets
The rupee, which hit a record low of nearly ⁠94 per dollar on Monday, recovered slightly on Tuesday but bankers worry about further losses from a foreign exodus and demand in the non-deliverable forward market

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