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Central bank steps in to stem Re slide
Financial Express Delhi
|December 21, 2024
THE RUPEE RECOVERED from its all-time low against the dollar and appreciated 5 paise to close at ₹85.03 on Friday.
With the timely intervention from the Reserve Bank of India (RBI) in the forex market and softening of dollar index, the rupee was able to recover after hitting another all-time low of ₹85.10/$ during the day, said forex traders.
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