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Июль
2022

Rupee depreciation lower than other major currencies: CEA V Anantha Nageswaran

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Due to aggressive monetary tightening by the US Fed, outflow of foreign capital is taking place from various emerging economies including India, putting pressure on their domestic currencies, the CEA V Anantha Nageswaran said. "Japanese yen, Euro, Swiss franc, British Pound have depreciated much more against dollar (than the rupee)," he said on the sidelines of an event in New Delhi.



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