Macro Finance
India Central Bank Announces Measures to Support Plunging Rupee
Bloomberg Markets·October 10, 2026·1 min read
India's central bank announced measures to support the plunging rupee, including opening a special window to meet state-run oil companies' dollar requirements. The move ramps up support for the currency as it continues to weaken, aiming to stabilize the exchange rate and ease pressure on importers.
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