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India may need to hike interest rates and cut taxes to boost the rupee, analysts say.
Analysts note that the Reserve Bank of India has mounted its strongest defense of the rupee in over a decade, and state that its actions are not yet complete. To further support the rupee, India may need to implement measures such as interest rate hikes and tax cuts.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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