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RBI steps in to protect rupee as rupee weakens to low of 92/dollar Business News & more related News Here
The Reserve Bank of India sold dollars ahead of the opening of local spot markets on Thursday to support the rupee, three traders said. The rupee has fallen 5% against the US dollar after Donald Trump imposed 50% tariffs on India’s exports to its biggest market. (Reuters) The rupee today fell to 91.98/dollar, surpassing the…