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How long will RBI keep buying dollar and prevent rupee from appreciation?

Updated : August 18, 2020 11:01 AM IST

RBI has accumulated nearly $62.63 billion of Forex reserves so far since March 2020.
The central bank not just bought dollars but also played a great role in controlling the volatility in the pair.
The primary trend for the rupee is on a stronger side as the pair is continuously making lower highs right from the month of April.
How long will RBI keep buying dollar and prevent rupee from appreciation?

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