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of <h1>Rupee Gains 61 Paise Against Dollar as Market Rebounds, Driven by Dollar Index Correction and Strong Equity Performance</h1> The Indian rupee strengthened by 61 paise, settling at 86.07 against the US dollar following a sharp correction in the dollar index and a strong domestic equity market rebound. The surge occurred after tariff suspension and amid falling dollar index levels. Domestic markets showed significant gains, with Sensex jumping 1,310.11 points and Nifty rising 429.40 points, reflecting positive market sentiment.
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