India Rupee Under Pressure as Companies Ramp Up Currency Hedging

India Rupee Under Pressure as Companies Ramp Up Currency Hedging

Indian companies increase currency hedging as rupee weakness persists. Importers booked a record $77 billion in September amid rising currency risks.

RBI Acts as Rupee Drops to Historic Low

RBI Acts as Rupee Drops to Historic Low

RBI intervenes in currency markets after the rupee hits a record low amid rising oil prices, global uncertainty and geopolitical tensions affecting financial stability.

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