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India's demonetisation of rupee hurts confidence in RBI: S&P

Thursday, December 15, 2016 - 05:50

Mumbai

INDIA's surprise move to abolish high-value rupee notes has undermined the central bank's reputation for competence and independence, even as it remains a credible institution, Standard & Poor's director Kyran Curry said on Wednesday.

The comments come as the Reserve

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