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No level for rupee in mind, market forces decides forex rate: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar...

Indian exporters chasing quick buck stung as rupee slide unravels exotic trades

The lure of quick profits drew some Indian exporters to an exotic option structure when the rupee was rangebound. A handful of them...

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