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India monitors record rupee decline, introduces lower GST rates for everyday items.
Indian Finance Minister Nirmala Sitharaman is monitoring the rupee's decline, which hit a record low against the US dollar due to rising tariffs and geopolitical tensions.
The Reserve Bank of India is intervening to stabilize the currency.
Additionally, new GST tax rates set to take effect on September 22 aim to lower costs for common goods, with everyday items seeing a reduced 5% tax rate.
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India observa una disminución récord de la rupia, introduce tasas de GST más bajas para los artículos de uso diario.