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Rupee Clocks Strong Winning Streak; FM Addresses Exchange Stability

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The Indian Rupee extended its sharp recovery for a second consecutive session, strengthening to 94.96 against the US Dollar. The currency’s upside was bolstered by official statements from Finance Minister Nirmala Sitharaman at the Bloomberg New Economy Forum, reassuring investors that the RBI has implemented effective liquidity measures to stabilize forex volatility and temper inflation expectations.

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