India News : Why has govt failed to arrest rupee's free fall?
- 5 years ago
India News : The government has taken many steps to contain the free fall of rupee in the past few days but has failed to check the slide. Slumping further, the rupee tested new record low of 68.75 versus the US dollar.
Reserve Bank of India's (RBI's) recent intervention did precious little to save rupee from depreciating further. India's currency has lost over 19 percent against the dollar this year.
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Reserve Bank of India's (RBI's) recent intervention did precious little to save rupee from depreciating further. India's currency has lost over 19 percent against the dollar this year.
For More information on this news visit: http://www.itvnewsindia.com/
Connect with us on Social platform at: http://www.facebook.com/IndiaNewsTV
Subscribe to our You Tube channel: http://www.youtube.com/itvnewsindia