RUPEE DEPRECIATION... Opinion divided about the intervention of - TopicsExpress

RUPEE DEPRECIATION... Opinion divided about the intervention of the RBI to stem the slide of the rupee. While the majority (53 percent) felt that RBI should not intervene in the foreign exchange market to arrest the rupee fall, a significant chunk, around 47 percent, supported RBI’s intervention. All the respondents, however, agreed that the recent measures taken by the government were not sufficient to stem the fall of the rupee.

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