“The Reserve Bank of India has intervened heavily to support the rupee via dollar sales from its reserves, and the rupee which fell to near record lows earlier this month has bounced back by about 2 percent following the Reserve Bank's moves.”

The Core Report · #1012 More Oil Flowing From Middle East Than Before War

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What was described

intervened heavily to support the rupee via dollar sales from its reserves

about 2 percent

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