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Rupee Surges After India’s Offshore Crackdown
Posted
April 2, 2026
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8,211
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April 2, 2026
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1:08Now PlayingIndia’s rupee just saw its biggest jump in over 12 years as the RBI continues its crackdown on offshore bets against the currency.
Bhaskar Dutta explains how the central bank is restricting access to a $149 billion-a-day market often used to short the rupee: bloom.bg/4m3qcsa
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