Rupee hits two-month high as $136 bln inflows support USDINR
The Indian rupee rose to a two-month high after massive overseas fundraising through one-off measures exceeded market expectations, strengthening the currency outlook amid higher crude and global risk.
By Nimesh VoraThe Indian rupee climbed to a two-month high on Thursday after massive overseas fundraising through one-off measures far exceeded market expectations, improving the currency's outlook at a time when a renewed U.S.-Iran conflict has pushed crude prices higher and contributed to a glob…