Rupee Gains as RBI Eases Rules to Boost Foreign Inflows
Updated: 07 Jul 2022, 09:48 AM IST
TL;DR.India’s central bank mounted a fresh defense of the beleaguered rupee, announcing a raft of measures to boost foreign-exchange inflows, that analysts said may not immediately result in large capital flows.
FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration