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Rupee’s record lows mask currency’s trade-weighted overvaluation

RBI’s intervention in the foreign exchange market has helped limit rupee overvaluation, said Gaura Sen Gupta, chief economist at IDFC FIRST Bank. 'The extent of rupee overvaluation on REER metric has moderated in August,' he added.
Last Updated : 22 August 2024, 10:34 IST

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Published 22 August 2024, 10:34 IST

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