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RBI tightens monetary conditions across the board, sources say RBI widened FX toolkit, as rupee approached record lows Rupee rebounds 2% off lows to 94.71 a dollar after intervention steps By Ira Dugal and Dharamraj Dhutia MUMBAI, Oct 16 (Reuters) — India's central bank will further tighten monetary conditions to count
(Repeats story from Monday with no changes to text) reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=INR= rupee poll data By Pranoy Krishna BENGALURU, October 5 (Reuters) — The Indian rupee is expected to languish near record lows over the next three to six months, a Reuters poll of FX strategists sh
The Indian rupee is expected to remain near record lows in the next three to six months due to persistent capital outflows, despite significant intervention from the Reserve Bank of India, according to a Reuters poll of FX strategists. A global bond market rout is contributing to the pressure.