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The Nexus
BUSINESSApr 10 · 01:00 UTCBLOOMBERGSubhadip Sircar, Pratigya Vajpayee, Saikat Das

Biggest Currency Clampdown in Decade Risks Backfiring for India

India is facing potential negative consequences from its largest currency control measure in a decade, with risks of unintended economic fallout. The policy aims to stabilize the currency but could have adverse effects.

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