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Indian rupee hits 2025 high on equity inflows
Nada Ali Published in Amwal Al Ghad on 30 - 04 - 2025

The Indian rupee reached its highest level of the year on Wednesday due to expected inflows into equities, increased hedging-related dollar sales by local exporters, and a reduction in bearish positions on the currency.
The rupee increased by 0.5 per cent to reach a peak of 84.78 per dollar, following the upward trend of Asian currencies, which had risen by up to 0.8 per cent on that day.
Attribution: Reuters
Subediting: M. S. Salama

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