Rupee continued to rule firm for the fourth consecutive week, surging another 45 paise to end at 61.42 against the US dollar.
Persistent selling of dollars by banks and exporters amid sustained foreign capital inflows into equity market helped the domestic currency strengthen against the greenback.
Banks and exporters preferred to reduce their dollar position on hopes of further capital inflows as foreign portfolio investors (FPIs) infused $733.98 million during the week.
Persistent selling of dollars by banks and exporters amid sustained foreign capital inflows into equity market helped the domestic currency strengthen against the greenback.
Banks and exporters preferred to reduce their dollar position on hopes of further capital inflows as foreign portfolio investors (FPIs) infused $733.98 million during the week.
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