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Rupee Rises Against Dollar On Robust GDP Growth, FPI Inflows & RBI Support

Rupee Rises Against Dollar On Robust GDP Growth, FPI Inflows & RBI Support
Photo: Free Press Journal · view original

Mumbai: The Indian rupee strengthened by 28 paise to close at a nearly two-month high of 94.94 (provisional) against the US dollar on Tuesday, supported by robust domestic economic growth, controlled fiscal slippage and portfolio-related inflows. Forex traders said recent MSCI-linked inflows have...

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