SBI chairman Pratip Chaudhuri on RBI measures to support rupee
Supporting various steps taken by the Reserve Bank of India recently to stem the rupee depreciation, Pratip Chaudhuri, chairman of the country's largest lender, says the reason that the rupee - the worst performing Asian currency lately - is back above 60 is due to the apex bank's moves. The rupee would have fallen further in the absence of such steps by the apex bank, Mr Chaudhuri adds.
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