Rupee rallies strongly after RBI announces new measures to attract foreign investors amid Middle East conflict

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Currency market participants said investor confidence improved following the RBI’s policy announcements, particularly after the central bank emphasised that India’s foreign exchange reserves remain strong enough to cushion the economy against external disruptions.
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Currency market participants said investor confidence improved following the RBI’s policy announcements, particularly after the central bank emphasised that India’s foreign exchange reserves remain strong enough to cushion the economy against external disruptions.

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