Rupee slide: 10 measures that can save the currency

The RBI can intervene in the forex markets by tightening liquidity further by raising banks' statutory liquidity ratio of 23 per cent, further reducing how much banks can borrow from the RBI under the daily repo auction, reducing the amount of funds RBI provides to banks under the export refinance scheme at the repo rate. The central bank can also conduct bond sales via open market operations and raise banks' cash reserve ra...