....In a special report, Deutsche Bank notes that the rupee has lost about 3 percent this month, which is in line with the fall in the value of of some other regional currencies, and even lower than some other emerging market currencies. Thank the RBI for that because were it not for a slew of central bank measures, the rupee would have fallen even further. Is there anything more the RBI can do? Yes, says the brokerage, noting that there are three further steps the central bank can take.....................
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