Indian Rupee Surges as RBI’s Cap on Limits Sparks Dollar Sales

Indian Rupee Surges as RBI’s Cap on Limits Sparks Dollar Sales



Indian Rupee Surges as RBI’s Cap on Limits Sparks Dollar Sales
India’s rupee posted its biggest gain since February after a central bank move aimed at curbing speculation triggered a rush among lenders to sell dollars, helping the local currency rebound from record lows.


www.bloomberg.com
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