Indian Rupee Recovers from Record Low After RBI Measures
The Indian rupee has rebounded from its record low against the US dollar following supportive steps taken by the Reserve Bank of India (RBI). The rupee strengthened to 95.01, marking the strongest gain in Asia. Despite this recovery, experts warn the rupee could still slip to 97 against the dollar by March. Finance Minister Nirmala Sitharaman highlighted external factors affecting the currency and RBI's role in strengthening it.
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