India’s Reserves Plunge Most in 8 Years as RBI Defends Rupee
A U.S. one dollar banknote and Indian ten rupee banknotes (Photographer: Dhiraj Singh/Bloomberg)

India’s Reserves Plunge Most in 8 Years as RBI Defends Rupee

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(Bloomberg) -- India’s foreign-exchange reserves plunged the most in about eight years as the central bank stepped in to defend the rupee.
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