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of <h1>Indian Rupee Gains 40 Paise Against Dollar, Boosted by Weak US Currency Index and Strong Equity Markets</h1> The Indian rupee strengthened by 40 paise to 85.05 against the US dollar in early trade, driven by a weak American currency index and positive domestic equity markets. Foreign fund inflows and the RBI's dividend announcement contributed to the currency's appreciation. Market participants are awaiting industrial production and GDP growth data for further economic insights.
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