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of <h1>Rupee Surges to Seven-Month Peak, Bolstered by Strong Economic Fundamentals and Positive Market Sentiment</h1> The Indian rupee reached a seven-month high, briefly touching 83.76 against the US dollar before settling marginally higher at 84.53. Strong domestic economic indicators including robust GST collections and manufacturing sector growth supported the currency. Foreign fund inflows and potential dollar selling by foreign banks contributed to the rupee's performance. Traders remain cautious about potential geopolitical tensions that could impact currency movements.
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