NewsX: The Indian rupee continues to hurt but today it saw a slight recovery fueling a small rally in the stock markets.
Today's rise comes on the back of RBI relaxing rules that
will help banks deal with recent sharp fall in bond prices.
RBI announced a slew of measures including 8,000 crore rupees bond buyback. This will ensure adequate credit flow to the productive sectors of the economy which also supported the rupee.
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