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India Central Bank's ‘Desperate’ Push to Prop Up Rupee

May 10, 2012

The Reserve Bank of India’s intervention in the currency market on Thursday is being viewed by some market watchers as a desperate move to prop up the currency in the absence of government policies to boost sentiment among foreign investors.

Source: http://www.cnbc.com/id/47367092?__source=RSS*tag*&par=RSS
 
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