Rupee Plunge Prompts RBI Intervention; Bonds, Stocks TumbleJeanette Rodrigues, V. Ramakrishnan and Santanu Chakraborty
India’s rupee tumbled to a record, prompting the central bank to intervene to support the currency, after the U.S. signaled it will phase out a stimulus program. Stocks and bonds plunged the most in at least a year.
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