Rupee closes at near 2-month high of 94.95 to the dollar

· economictimes.indiatimes.com

On Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and central bank interventions via nationalized banks played a key role in this upward movement. Additionally, the robust Q1 GDP growth and Reserve Bank dollar sales contributed to its recovery.

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