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Central bank sold $9.7 billion in Nov as rupee falls 0.7%

Central bank sold $9.7 billion in Nov as rupee falls 0.7%

The Reserve Bank of India sold dollars in November. This action aimed to manage the Indian rupee's value. The rupee saw depreciation last year. India's currency's real effective exchange rate also decreased. This rate reflects the rupee's strength against oth…

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