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To control freefalling Indian rupee, RBI introduces curbs on forex outflows



PTI

While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route. PTIAs a part of its fight to prop up the battered Indian rupee, Reserve Bank of India (RBI) today unveiled a slew of measures aimed at curbing forex outflows (capital control measures).

While the measures are aimed at moderating outflows, RBI added that genuine requirement beyond these limits will continue to be considered under the approval route.



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