(Bloomberg) -- India's rupee gained for a third day
on expectation economic growth at the fastest in almost two
decades will lure investment from overseas.
The rupee, the best performer in the Asia-Pacific region
this year, may extend its 9.3 percent advance as scheduled share
sales this month by companies including DLF Ltd., a real-estate
developer, increase capital inflows. The currency also rose on
optimism the central bank will allow it to keep strengthening to
help temper inflation.
Read more at Bloomberg Currencies News
on expectation economic growth at the fastest in almost two
decades will lure investment from overseas.
The rupee, the best performer in the Asia-Pacific region
this year, may extend its 9.3 percent advance as scheduled share
sales this month by companies including DLF Ltd., a real-estate
developer, increase capital inflows. The currency also rose on
optimism the central bank will allow it to keep strengthening to
help temper inflation.
Read more at Bloomberg Currencies News
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