Citi Sees India Tightening Currency Controls to Halt Rupee Slump

India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting outflows from businesses, according to Citigroup Inc.

Bloomberg MarketsMay 201 min readPrimary source

Citi Sees India Tightening Currency Controls to Halt Rupee Slump — Image · Bloomberg Markets

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India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting outflows from businesses, according to Citigroup Inc.

India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting outflows from businesses, according to Citigroup Inc.

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India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting outflows from businesses, according to Citigroup Inc.

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