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The Nexus
BUSINESSMay 22 · 04:23 UTCBLOOMBERGAnup Roy

Rupee Plunge Sees India Turn to 2013 Taper Tantrum Playbook

India's rupee has experienced significant depreciation, prompting the government to employ strategies similar to those used during the 2013 taper tantrum crisis. The central bank and authorities are implementing measures to stabilize the currency amid broader economic pressures.

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