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New RBI governor signals he's open to more flexible rupee
Mint New Delhi
|January 15, 2025
The currency tumbled by the most in nearly two years on Monday to cross the symbolic 86 a dollar level
India's new central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar with the regulator's thinking.
This story is from the January 15, 2025 edition of Mint New Delhi.
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