Markets can be irrational in the short run: What RBI Governor Sanjay Malhotra said as rupee nears lifetime low

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The rupee neared its record low after the RBI raised the repo rate to 5.50%. Governor Sanjay Malhotra said the currency may be undervalued, while analysts viewed the hawkish stance and higher inflation outlook as supportive of the rupee.

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Markets can be irrational in the short run: What RBI Governor Sanjay Malhotra said as rupee nears lifetime low

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