The move would be another step to tackle a slide in the rupee, as oil prices are putting pressure on India, which imports some 80 per cent of its crude demand. Rupee has fallen sharply this year against the US dollar, amid a wider sell-off in emerging markets.
from Times of India https://ift.tt/2NrR20e
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Friday, September 21, 2018
Govt's plan to deal weak rupee, Iran oil sanctions
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