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RBI Measures Will Take Time To Play Out: Raghuram Rajan

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July 26: Raghuram Rajan, Chief Economic Adviser to the Ministry Of Finance, states that a number of measures have been taken to stabilise the rupee. Referring to the efficacy of the RBI measures, he says it will take time for the central bank’s measures to play out. “However, once the rupee’s stable, measures can be relaxed,” he adds.