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Currency in Rhapsody, Passes 95 Level at Close
Jun 5, 2026
Economic Times

Currency in Rhapsody, Passes 95 Level at Close

The rupee gained 84 paise on Friday, its biggest jump in over two months. The RBI and Centre unveiled measures to draw foreign inflows. The rupee raced past 95 to a dollar, closing at 94.95. "The FCNR-B swap window and FAR expansion are likely to deliver the largest and fastest inflows," said Kunal Sodhani.