Rupee rebounds below 90 as RBI dollar sales, renewed FPI equity inflows and easing capital outflow pressures lift sentiment after record lows this week domestically.
The Indian rupee gained 60 paise against the US dollar on Friday, ending the session below the 90 mark for the first time in seven trading days. The local currency closed at 89.65 per dollar, extending its rebound to 1.5% from the record low of 91.03 hit on December 16.
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