RBI measures see sharp impact as rupee rises 1% against US dollar; what steps were announced?

Rupee emerged as one of Asia's strongest-performing currencies, even as most regional currencies moved within a narrow range. Despite Monday's sharp rise, the rupee has lost 6.6% against the dollar so far this year. On Saturday, the RBI announced a set of measures targeting two major sources of pressure on the rupee.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MpiS0Eq