The Indian Rupee is Getting Crushed by Its Own Central Bank
An Indian 2,000 rupee, bottom, and 500 rupee banknotes are arranged for a photograph in Bangkok, Thailand. (Photographer: Brent Lewin/Bloomberg)

The Indian Rupee is Getting Crushed by Its Own Central Bank

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(Bloomberg) -- The Reserve Bank of India’s efforts to support the flagging economy are turning out to be a bane for the rupee.
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