On Thursday, the Indian rupee climbed by 67 paise, starting the day at ₹94.30 against the US dollar, marking its strongest position in two months. This rise was triggered by FCNR(B) bank deposit inflows that surpassed projections. The RBI reported on Wednesday that its dedicated USD-INR forex swap window brought in $136.38 billion, with $127.23 billion of that total coming from FCNR(B) deposits.
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