RBI's Sneaky Dollar Swap Move Leaves Traders Scratching Heads

Finance

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RBI's Sneaky Dollar Swap Move Leaves Traders Scratching Heads

Hey there, folks! The RBI just pulled a sneaky move, shutting down that dollar swap window early! Traders are like, 'What’s the deal?' Citigroup thinks the rupee’s gonna hang out around 95 to the dollar now. And banks? They might have to hustle for cash, like searching for the last slice of pizza at a party. Wild times ahead, huh?

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