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Business

RBI has spent half of $140 bn FX capital to defend rupee, bankers estimate

Business Standard ·
RBI has spent half of $140 bn FX capital to defend rupee, bankers estimate

RBI has deployed an estimated $75 bn-$80 bn through spot dollar sales and currency swaps since June, as high oil prices, rising US Treasury yields and foreign equity outflows weigh on the rupee

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