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  1. RBI has been intervening to stem rupee’s appreciation: Arvind Subramanian

RBI has been intervening to stem rupee’s appreciation: Arvind Subramanian

Subramanian said there was a "big" appreciation of the rupee between January and April which had adversely impacted Indian exports and the country's import-competing sectors.

By: | Published: September 25, 2017 5:47 PM
Arvind Subramanian, Arvind Subramanian on rupees appreciation, rupees appreciation, India's central bank, Indian exports, Indian economy, economy in india, increase rupee appreciation Chief Economic Adviser Arvind Subramanian. (Image: PTI)

India’s central bank has been intervening to stem the rupee’s appreciation, Chief Economic Adviser Arvind Subramanian said on Monday.

Subramanian said there was a “big” appreciation of the rupee between January and April which had adversely impacted Indian exports and the country’s import-competing sectors.

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