Rupee's sharp drop in line with long-term trend, ex-central banker says
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Source: Nikkei Asia
Published: 2026-04-07 10:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, India, Asia Pacific
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Snippet:
The Reserve Bank of India, which officially does not target a level for the rupee, has often dipped into its foreign reserves over the past few months in a bid to contain volatility in the currency. (Photo by Yuki Kohara)
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