People familiar with the matter told ET that commercial banks have also suggested imposition of temporary curbs on imports of ‘non-essential’ goods, such as gold, to conserve dollars. An unabated surge in the dollar could prompt targeted interim measures from Mint Road.
Rupee declines first time in eight sessions as Brent oil prices rise above $112
On Thursday, the Indian rupee declined for the first time in eight trading sessions. This occurred even amid foreign portfolio investment inflows for the Jio