The Reserve Bank of India's interventions in the foreign exchange market have helped reserves climb to a record $501.7 billion in early June, but economists say the pace of increase is likely to taper in the second half of this fiscal year.
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By Reuters from NYT World https://ift.tt/2NcciEJ
By Reuters from NYT World https://ift.tt/2NcciEJ
India Cenbank May Need to Choose Between FX, Bond Interventions in Second Half: Economists
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June 15, 2020
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