17-October-2026
Economy News
 
Rupee relief comes with disruptions in financial markets
16-Oct-2026

The Reserve Bank of India’s historic defense of the rupee bought the currency some reprieve, but at a steep cost. The rupee is set for a 1.9% advance this week, its biggest weekly gain in four years. Yet liquidity in parts of the foreign-exchange market is drying up, hedging costs have jumped to a decade-high and bond yields have reached their highest level in more than three years.

News Source:- https://economictimes.indiatimes.com/markets/forex/rupee-relief-comes-with-disruptions-in-financial-markets/articleshow/134985296.cms
 
 
 

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