Rupee's slide: Some band aid

The RBI and SEBI have taken a number of measures to curb the size of the rupee market. In a large and liquid market, the RBI's intervention has little impact. So the RBI has taken steps to reduce its size. Now when it intervenes, its intervention will have greater impact. It can shore up the rupee and make it stronger for some time. But will the RBI's moves have an enduring effect?

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