India’s rupee completed this year’s best month as overseas investors boosted holdings of the nation’s stocks to take advantage of the economic growth outlook.
The currency rose for a second month as funds based abroad bought $1.3 billion more local shares than they sold, according to exchange data. India’s $1.3 trillion economy will expand as much as 9.25 percent in the financial year starting April 1, the most since 2008, the government forecast last month.
