Business · Markets · 1 day ago

India’s central bank moves to support rupee near record lows

India’s central bank moves to support rupee near record lows

India’s central bank is trying to support the rupee, the country’s currency.

The move comes as the rupee nears record lows.

A currency nearing a record low has fallen close to its weakest value on record.

The headline does not specify what steps the central bank is taking.

It also gives no further background on why the rupee has weakened.

No next steps are specified.

Sources

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