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Finance ministry against 'undue' forex mkt intervention – source
Reuters India NEW DELHI (Reuters) – The finance ministry is not in favour of any "undue" intervention by the Reserve Bank of India (RBI) in the forex market to prop up the rupee, a senior finance ministry source told Reuters on Wednesday, a day after the local … Apex bank to intervene when required, says finance secretary Rupee Plunges to Record as India's RBI Weighs Action to Stem Currency Drop RBI's ability to intervene in forex market limited: Finance Ministry |