Rupee Slips On RBI’s Dovish Stance, ‘Loose’ Policy ...Middle East

New Delhi:  The RBI’s stance on maintaining an ultra-loose monetary policy, along with liquidity infusion amidst rising Covid cases, weakened Indian rupee by 1.5 per cent on Wednesday, its biggest intraday fall since August 2019. Accordingly, the rupee closed at 74.55 to a US dollar after the Reserve Bank of India assured the markets of […] The post Rupee Slips On RBI’s Dovish Stance, ‘Loose’ Policy appeared first on Ommcom News.

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