India’s Government Backs RBI’s Crackdown on Currency Speculation

India’s Government Backs RBI’s Crackdown on Currency Speculation



India’s Government Backs RBI’s Crackdown on Currency Speculation
India’s government supports the central bank’s aggressive steps to crack down on currency speculation, people familiar with the matter said, suggesting authorities will stick to their approach despite lobbying by lenders to ease the restrictions.


www.bloomberg.com
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