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India’s Rupee Completes This Year’s Best Month on Fund Inflows

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.