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RBI’s rupee defence curbs speculation, raises hedging costs
The Economic Times
October 14, 2026
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Kolkata: The Reserve Bank of India (RBI) has taken a slew of steps since Saturday to help lift the rupee to what Governor Sanjay Malhotra described as its "correct" value. These measures have helped the rupee recover to 95.28 a dollar, about 150 paise over two days. An immediate fallout is the reduc
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