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Indian central bank moves to bolster rupee's value

18 July 2013 Last updated at 05:19 BST

The Indian central bank is preparing to sell off about $2bn worth of government bonds on Thursday as it attempts to prop up the nation's struggling currency.

Last week, the rupee slid to a new low against the dollar, which is not good news for the nation's importers, or its exporters. And so the Reserve Bank of India is doing its best to turn things around.

From Delhi, Shilpa Kannan explains more.

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