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Macro Finance

Rupee Jumps on RBI Measures

Bloomberg Markets·October 12, 2026·1 min read

India's rupee climbed about 1%, leading gains versus the dollar in Asia on Monday, after the RBI took steps to bolster the currency. The move follows the central bank's strongest measures since the 2013 taper tantrum, with bonds falling as liquidity tightened.

Read at Bloomberg Markets
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