Given how each measure the government is taking to bring down volatility of the rupee doesn’t seem to have too much of a life-span—within a week of RBI’s actions, the rupee is almost back to where it was at 59.9 to the dollar last week Monday—there seems to be a palpable sense of unease. And while one wing of the government says that everything including sovereign bonds is on the table, another rules out such bonds; .........
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