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India Central Bank Announces Measures to Support Plunging Rupee

India’s central bank rolled out a series of measures, including opening a special window to meet state-run oil companies’ dollar requirements, as it ramped up support for the plunging rupee.

This article was originally published by Bloomberg Markets and is republished here under license.

India’s central bank rolled out a series of measures, including opening a special window to meet state-run oil companies’ dollar requirements, as it ramped up support for the plunging rupee.

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