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Markets

Rupee soars to 6-week high on Jio IPO flows, weaker dollar

viaeconomictimes.indiatimes.com22 Oct
Rupee soars to 6-week high on Jio IPO flows, weaker dollar
On Wednesday, the Indian rupee closed at a six-week high of 94.46, gaining 46 paise from its previous close. This increase was driven by strong foreign portfolio inflows linked to the Jio Platforms’ IPO. Additionally, the currency’s rise was supported by a softer dollar index, which decreased from…

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