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BusinessUpdated 29 min ago

India should not deplete reserves to defend rupee, former RBI chief Rajan says

BusinessLine27 October 2026 at 2:10 pm IST
Image: BusinessLine

‘Some currency depreciation is not necessarily a bad thing in this kind of environment. ‌It allows you to stabilise your exports (and) makes your goods more competitive’: Raghuram Rajan

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