India Rupee’s Rally Leaves Traders Gauging RBI’s Forex Strategy
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee banknote. (Photographer: Brent Lewin/Bloomberg)

India Rupee’s Rally Leaves Traders Gauging RBI’s Forex Strategy

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(Bloomberg) -- India’s rupee hit a three-month high after breaking out of a tight trading band, boosted by strong inflows and expectations that the central bank may be slowing its purchases of doll...