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Home Foreign Exchange

As PM Modi calls for conserving foreign exchange, what steps can India take?

currencycoach by currencycoach
May 11, 2026
in Foreign Exchange
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As PM Modi calls for conserving foreign exchange, what steps can India take?
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The Reserve Bank of India has sold dollars from its foreign exchange reserves to defend the currency, cracked down on rupee arbitrage trades and is considering measures to shore up dollar inflows.

Reuters

Last Updated : 11 May 2026, 10:28 IST

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