RBI has record forex reserves, but why is rupee still not out of the woods?
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The currency is now hovering back to its two-month lows. While the RBI is intervening to prevent major volatility, the fact is the rupee is still facing immense pressure, and experts believe the currency is unlikely to appreciate much any time soon.
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https://timesofindia.indiatimes.com/business/india-business/rbi-has-record-forex-reserves-but-why-is-rupee-still-not-out-of-the-woods/articleshow/134333283.cms
