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Rupee posts biggest weekly gain in 20 months

The rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session, with traders saying the central bank refrained from currency intervention as foreign investors piled into equity markets. The rupee rose nearly 2% for the week, its biggest weekly gain since the week ending December 21, 2018 when it rose 2.4%.

Read more here:: India News Times