Rupee plunge sees India turn to 2013 taper tantrum playbook
Bloomberg
byReuters
Friday, May 22, 2026 at 05:03 AM
The urgency has grown after the rupee slumped to a record low of nearly 97 per dollar this week, driving up import costs and further eroding investors’ confidence
Indias central bank may need to draw on its 2013 taper tantrum playbook and earlier balance-of-payments crises to mount an effective defence of the beleaguered rupee.
The Reserve Bank of India under… [+3365 chars]
Language
eng
Source
Bloomberg
Category
general
Added
125d ago
