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The article reports that the RBI sees the rupee as fairly valued and suggests a new policy paper. The available text is mostly page script with little detail on the paper's contents.
A fairly valued rupee implies less pressure for large RBI intervention, which could modestly ease import costs if it holds.
ndtvprofit.comIra DugalJan 21, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
