Rupee Slide Tests RBI’s Multiple Defenses as Record Low Nears

India’s central bank has put all kinds of support around the rupee, and it’s only just stopping the currency from hitting a record low.

By Subhadip Sircar and Bhaskar Dutta · Bloomberg Markets

India’s central bank has put all kinds of support around the rupee, and it’s only just stopping the currency from hitting a record low.