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Rupee plunge sees India turn to 2013 taper tantrum playbook

India’s central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The Reserve Bank of India is looking at past strategies to prevent further depreciation. These include interest rate hikes and attracting foreign investment. The goal is to break a cycle of currency decline and restore investor confidence.

Source :- Markets-Economic Times Read More

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