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Indian rupee hits six-month high as foreign capital inflows surge Business

Indian rupee hits six-month high as foreign capital inflows surge

Short2News· 7d ago ·6 reads

The Indian rupee has climbed to a six-month high against the US dollar following a significant return of foreign investors to domestic equities. Investors poured nearly $3 billion into the market as global portfolios shifted away from technology stocks. Lower crude oil prices further supported the currency, strengthening India's overall macroeconomic stability.

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