The rupee could be set to gain as PM Modi’s sweeping poll victory boosts foreign inflows. The rupee is emerging Asia’s top performer in the past 3 months, thanks to the gush of foreign cash. With inflows poised to accelerate, the RBI may have to rein in the currency or risk making the nation’s exports less competitive as rival currencies weaken.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Ik5UIj
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