Rupee vs USD: INR Gains 33 Paise To Rs 92.85 Against US Dollar After RBI’s FX Curbs

After the Reserve Bank of India (RBI) placed a $100 million cap on banks’ net open FX positions in the onshore markets, rupee surged 33 paise to Rs  92.85 against USD. India’s central bank imposed FX curb is considered part of RBI’s larger attempt to reduce. speculative bets, mea

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