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RBI's T. Rabi Sankar Calls Out Banks for Rupee Shenanigans

RBI's T. Rabi Sankar Calls Out Banks for Rupee Shenanigans

Folks, T. Rabi Sankar, the RBI superstar, just lit up Paris! He’s calling out those shady banks trying to mess with the rupee while chaos reigns in West Asia. They thought they could play games? Not on his watch! RBI is slamming the door on their dollar deals. The rupee is bouncing back, folks! It’s the best in Asia, and you know it!

Quick rundown

  1. RBI criticizes forex market makers amid rupee weakness.
  2. Deputy Governor T. Rabi Sankar addresses forex conference in Paris.
  3. RBI imposes restrictions to curb rupee speculation.
  4. Rupee gains 2% after RBI's intervention.
  5. RBI's currency curbs are temporary measures.

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