Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?
The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special NRI dollar deposit window and possible tax relief for foreign bond investors. With reserves dipping and outflows rising, the central bank is exploring ways to attract fresh dollar inflows.
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