https://www.ndtv.com/business/forex-reserves-being-spent-at-quicker-pace-than-during-taper-tantrum-3356942
The central bank is using up its foreign exchange reserves at a quicker pace than during the taper-tantrum period in 2013 as it tries to prevent an overshoot in the rupee, but a larger pool of reserves may allow it to support the currency for some more time, …
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