Rupee’s Relentless Slide Draws Importers Into RBI Currency Fight

India’s importers are now in the crosshairs of the central bank, as its latest efforts to shore up the rupee expand from financial markets to the economy.

By Subhadip Sircar and Bhaskar Dutta · Bloomberg Markets

India’s importers are now in the crosshairs of the central bank, as its latest efforts to shore up the rupee expand from financial markets to the economy.