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FM Arun Jaitley announces 5 steps to stem rupee slide

Updated : September 17, 2018 11:07 AM IST

Measures aimed at easing conditions related to external commercial borrowings, hedging conditions for infrastructure loans, and loosing restrictions on masala bonds.
The moves follow sharp declines in the rupee, which has weakened about 12 percent this year amid higher oil prices and an emerging markets sell-off.
FM Arun Jaitley announces 5 steps to stem rupee slide

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